Middle East Economic Survey
Arab Revolutions And Oil Price Scenarios
By Shawkat Hammoudeh
Dr Hammoudeh is Professor of Economics and International Business at Drexel University. He can be reached at firstname.lastname@example.org.
Libya, which is located in North Africa and next door to revolutionary Tunisia, produces 1.6mn b/d of oil. Libyas oil production is about 2% of global oil production. Algeria, which is also located in North Africa and geographically...