Oil was first discovered in the Middle East in 1908. the first oil field was open in Iran-the famous Masjid-I-Salainman fields. A few years later men found oil in other Middle East countries. But they did not produce much oil at that time because nobody knew the size and value of ...
Findings The results obtained by the Common Correlated Effect (CCE) estimator indicate that the increase in oil exports has a positive impact on the GDP of all countries, while the increase in oil exports has a negative impact on the non-oil exports of some countries. Originality/value In ...
Argues that oil producers, both the members and non-members of the Organization of the Petroleum Exporting Countries, need to cut back oil production more,... Reynolds,Douglas,B. - 《Opec Review Energy Economics & Related Issues》 被引量: 4发表: 2000年 Impact of External Price Shocks on th...
The grain and oil rail transport lines between North Kazakhstan and China are operating in conjunction with the China-Europe Railway Express. Along the Bangladesh-China-India-Myanmar Economic Corridor, the China-Myanmar Crude Oil and Gas Pipeline has been completed and entered service. The feasibility...
"We plan this year to send more than 80% of oil exports and 75% of oil products to friendly countries. As for supplies to states that support illegitimate price restrictions, here our position is widely known and remains unchanged: such countries will not receive Russian oil," he said....
Therefore, it might be thinking these countries could push up the economy smoothly by using the oil revenues. It should be noted this can only come to your mind after the first glance. By looking more deeply at oil-exporting countries, you can easily see that despite a huge oil income, ...
Abstract When OPEC was founded in 1960 the main aim of the organization was to secure stability in oil prices. OPEC was not able to exert a controlling influence on the world oil market until more than a decade later. It may seem paradoxical that stability in the oil price and in oil ea...
The demand for oil from countries that are importers is forecast to increase from current import levels of 50 Mbpd to 80 Mbpd. Saudi Arabia, Russia and Norway, today's largest oil exporters, will experience a decline in their export volumes in the order of 4 to 6 Mbpd by 2030. The ...
This study develops a comprehensive evaluation system of crude oil export capacity based on five dimensions, namely, crude oil supply capacity, domestic political and economic environment, international relations, relations with China, and
The impact on the Middle East food market is particularly noticeable in nations that rely largely on Russia and Ukraine for imports. In Istanbul, Turkey's largest city, the price for a bottle of 5-liter cooking oil has increased by 35 percent in three days to 200 Turkish liras (nearly 14...