OPEC+ as a new governor in Global Energy Governance
This article tries to evaluate the roots of the OPEC+ agreement, how it operates, and its prospects for the future. It argues that OPEC+ is a new governor in the Global Energy Governance (GEG) “regime complex”.
Rafał Ulatowski
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The Evolution of Oil Prices and the Role Played by OPEC+ [PDF]
After the two oil shocks of the 1970s when OPEC was able to strongly increase the prices at the expense of economic recessions, a collapse followed in 1986, the so called oil counter-shock, due to the disagreements within OPEC and the decisions taken by ...
PETRE PRISECARU
doaj
The OPEC countries rely on oil to fund their budgets, similar to many countries worldwide. However, the fall in oil prices in 2008 and 2014 put significant strain on their public finances, including healthcare finances.
Salem Al Mustanyir
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Explaining Economic Growth Gap between OPEC and East Asia: Shapley–Owen–Shorrocks and Oaxaca–Blinder Variance Decomposition Approach [PDF]
The purpose of this study is to explain the factors affecting the economic growth gap between OPEC and East Asian countries using the Shapley–Owen–Shorrocks and Oaxaca–Blinder variance decomposition methods over the period 1996-2018.
Fereshteh Mohamadian
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Is OPEC dead? Oil exporters, the Paris agreement and the transition to a post-carbon world [PDF]
The Organization of the Petroleum-Exporting Countries (OPEC) faces a perfect storm. It is squeezed between the revolution in unconventionals, which has increased global supply of hydrocarbons and lowered their price, and the prospect of a global peak in ...
Van de Graaf, Thijs
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This work explores the relationship between the price of crude oil and its production through an empirical study on the regions of the Organization of the Petroleum Exporting Countries (OPEC) and non-Organization of the Petroleum Exporting Countries (non-
Tzu-Yi Yang +3 more
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OPEC news and predictability of energy futures returns and volatility: evidence from a conditional quantile regression [PDF]
Purpose – This paper aims to provide an important perspective to the predictive capacity of Organization of the Petroleum Exporting Countries (OPEC) meeting dates and production announcements for energy futures (crude oil West Texas Intermediate (WTI ...
Abdelkader Derbali, Shan Wu, Lamia Jamel
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The Impact of Oil Price Shocks on Growth and Inflation of OPEC Countries with an Emphasis on OPEC Political Risk Shocks [PDF]
Considering the source of oil shocks, this study aims to investigate the effect of oil price shocks on the key macroeconomic variables of the OPEC countries.
Ali Takroosta +3 more
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Short‑Term and Long‑Term Relationships Between Prices of Imported Oil and Fuel Products in the U. S.
In this study, we analyzed a system of five monthly time series integrated I(1): average price of crude oil imported to the U.S. from OPEC countries (Opec), imported oil price from other than OPEC countries (NonOpec) in USD per barrel, average price of ...
Václav Adamec
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Global Warming: Predicting OPEC Carbon Dioxide Emissions from Petroleum Consumption Using Neural Network and Hybrid Cuckoo Search Algorithm. [PDF]
Global warming is attracting attention from policy makers due to its impacts such as floods, extreme weather, increases in temperature by 0.7°C, heat waves, storms, etc.
Haruna Chiroma +8 more
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