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  1. Oil Markets: A Turn Away from Trade?

    ...wn to 1990s levels (MEES, 19 December 2014). Even with Opec cutting output in a landmark agreement at the end of 2016, it will not be enough to bring back the age of scarcity. Rather, the global oil markets look headed for tenuous balance, vulnerable as much to new supplies as new di...

    Volume: 60
    Issue: 06
    Published at Fri, 10 Feb 2017

  2. Saudi ‘Dumping’ Has Cannibalized Opec Revenue For Minor Long-Term Gains

    ...Opec’s Saudi Arabia-driven policy of maximizing market share at the expense of revenue is economically illogical. The policy has been driven by political motives. Opec members’ revenue losses resulting from the oil price collapse since late 2014 far exceed any likely long term gains from in...

    Volume: 59
    Issue: 07
    Published at Fri, 19 Feb 2016

  3. Saudi Arabia: How Long Will Its Buffers Last If Oil Prices Stay Low?

    ...at comes at the expense of oil prices – the policy which won out at OPEC’s November meeting (MEES, 28 November 2014). In this context, Saudi Arabia’s high reliance on petroleum for export earnings and budget revenues has brought the sustainability of its external and fiscal positions under the sp...

    Volume: 58
    Issue: 09
    Published at Fri, 27 Feb 2015

  4. A Tentative Forecast For Iraq’s Oil Production 2010-20

    ...enario is indicative: Iraqi Oil Production (Mn B\D) 2010 2011 2012 2013 2014 2015 2016 2.7 3.0 3.5 4.0 4.5 5.5 7.8 These figures are based on achieving the plateaus in the giant fields in the first licensing round as we...

    Volume: 53
    Issue: 06
    Published at Mon, 08 Feb 2010