Middle East Economic Survey
VOL. LIV
No 12
21-Mar-2011
OIL PRICES
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 hammousm@drexel.edu.
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...
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