The Rise and Fall of OPEC in the Twentieth Century

The Rise and Fall of OPEC in the Twentieth Century PDF Author: Giuliano Garavini
Publisher: Oxford University Press, USA
ISBN: 0198832834
Category : Business & Economics
Languages : en
Pages : 445

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Book Description
The most comprehensive history of the Organization of the Petroleum Exporting Countries (OPEC) and of its members, this study takes the reader from the formation of the first petrostate in the world, Venezuela, in the late 1920s, to the global ascent of petrostates and OPEC during the 1970s, to their crisis in the late-1980s and early- 1990s.

The Rise and Fall of OPEC in the Twentieth Century

The Rise and Fall of OPEC in the Twentieth Century PDF Author: Giuliano Garavini
Publisher: Oxford University Press, USA
ISBN: 0198832834
Category : Business & Economics
Languages : en
Pages : 445

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Book Description
The most comprehensive history of the Organization of the Petroleum Exporting Countries (OPEC) and of its members, this study takes the reader from the formation of the first petrostate in the world, Venezuela, in the late 1920s, to the global ascent of petrostates and OPEC during the 1970s, to their crisis in the late-1980s and early- 1990s.

OPEC in a Shale Oil World

OPEC in a Shale Oil World PDF Author: Mohamed Ramady
Publisher: Springer
ISBN: 3319223712
Category : Political Science
Languages : en
Pages : 293

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Book Description
RAMADy, Mahdi OPec in a sHALE oil world –where to NEXT? With PREFACE by Dr. Sadad Al Husseini , former Board Member and Executive Vice President , Saudi Aramco. "OPEC has played an important role since its founding and continues to do so, but it has to recognize that this role has now changed and the organization has to adapt to new challenges. This book provides some possible solutions" Abdulsamad Al Awadhi, former Kuwait National Representative at OPEC . "Authoritative, well-informed, and excellent account of the role of OPEC in managing the oil market, present, past, and future" Hassan Qabazard, former Director of Research Division , OPEC. ". The call for action by Mohamed Ramady and Wael Mahdy in this book makes it clear that time, and not oil, is the precious commodity that is running out fast on OPEC’s side", Sadad Al Husseini , former Board Member and EVP Saudi Aramco “OPEC is dead. Long live OPEC”. The organization is now going through a mid life crisis in its 54 years of existence trying to figure out where it goes next in a world where OPEC has been relegated from being the energy swing producer, and Saudi Arabia as the ‘Sultan of the Swing,’ to one where it now faces competition from both non- OPEC traditional well as non-conventional shale producers. The Authors examine how OPEC has had to come to terms with the reality that the earlier decades ‘call on OPEC’ has now been replaced by a ‘call on non-OPEC’ and that a new ‘swing’ has been identified- the producers of shale oil. Drawing upon the Authors combined academic and practical first hand insights on OPEC, the book discusses how a new OPEC paradigm has emerged following the oil price rout of 2014, whereby the organization’s principal concern is now protecting market share, without being in charge unlike earlier fleeting periods of the late 1970’s, which brought with it a lasting myth of the OPEC cartel. Mohamed Ramady is Visiting Associate Professor, King Fahd University of Petroleum and Minerals, Saudi Arabia; Wael Mahdi is Bloomberg OPEC Energy Correspondent.

Handbook of OPEC and the Global Energy Order

Handbook of OPEC and the Global Energy Order PDF Author: Dag Harald Claes
Publisher: Routledge
ISBN: 0429515200
Category : Political Science
Languages : en
Pages : 424

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Book Description
The Organization of the Petroleum Exporting Countries (OPEC), celebrating its 60th anniversary in 2020, is one of the most recognizable acronyms in international politics. The organization has undergone decades of changing importance, from political irrelevance to the spotlight of world attention and back; and from economic boom for its members to deep political and financial crisis. This handbook, with chapters provided by scholars and analysts from different backgrounds and specializations, discusses and analyzes the history and development of OPEC, its global importance, and the role it has played, and still plays, in the global energy market. Part I focuses on the relationship between OPEC and its member states. Part II examines the relationship between OPEC and its customers, the consuming countries and their governments, while Part III addresses the relationship between OPEC and its competitors and potential partners, the non-OPEC producers, and the international oil companies. The final section, Part IV, looks at OPEC and the governance of international energy. Chapter 20 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

OPEC: Twenty Years and Beyond

OPEC: Twenty Years and Beyond PDF Author: Ragaei el Mallakh
Publisher: Routledge
ISBN: 1317244745
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
Addressing the major issues arising from the power ascribed to the Organization of the Petroleum Exporting Countries (OPEC), this book reflects the bredth, expertise and multifaceted viewpoints of the contributors: members of OPEC itself, industry representatives, and scholars and energy specialists from the USA, Europe and the Middle East. Throughout the book, the authors look at the potential of OPEC, discernible trends in such crucial areas as global petroleum supply and pricing, and the international economic and political implications of both.

From Arab Nationalism to OPEC, second edition

From Arab Nationalism to OPEC, second edition PDF Author: Nathan J. Citino
Publisher: Indiana University Press
ISBN: 9780253340955
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
As OPEC approaches its 50th anniversary, the paperback edition of Nathan J. Citino's well-received study advances a challenging, revisionist interpretation of U.S.-Saudi relations and OPEC's historical significance. Citino re-examines the relationship between President Eisenhower and King Sa'ūd in the context of the transition from British imperial hegemony to an American capitalist order in the Middle East. He shows how the political realignment that resulted in OPEC ensured that wealth and power subsequently remained in the hands of oil-producing governments. Using American and British archives, corporate records, and Arabic sources, this work reinterprets the foundations of U.S. Middle East policy, the modern Saudi state, and the global politics of oil.

Crude Volatility

Crude Volatility PDF Author: Robert McNally
Publisher: Columbia University Press
ISBN: 0231543689
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.

Opec:

Opec: PDF Author: Ian Skeet
Publisher: CUP Archive
ISBN: 9780521405720
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
This book examines the history of OPEC, and the events that shaped the organisation and the world economy since its creation in 1960.

OPEC and the Third World

OPEC and the Third World PDF Author: Shireen Hunter
Publisher: Routledge
ISBN: 1000587010
Category : Business & Economics
Languages : en
Pages : 334

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Book Description
Originally published in 1984 this book focuses principally on the use of foreign aid by the members of OPEC in the 1970s and demonstrates how the divisive elements both within OPEC and between OPEC and the rest of the developing world prevented OPEC from using aid to advance developing world objectives. It explains why the OPEC countries filed to achieve the goals they set for themselves and will be of interest to all those concerned with the politics of the developing world, development assistance, Middle East regional economics and political and security issues.

OPEC

OPEC PDF Author: Ian Seymour
Publisher: Springer
ISBN: 1349057940
Category : Business & Economics
Languages : en
Pages : 318

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Book Description


Oil Politics

Oil Politics PDF Author: Francisco Parra
Publisher: I.B. Tauris
ISBN: 9781848851290
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Surveys the tumultuous history of the international petroleum industry, from its extraordinary growth between 1950 and 1979, presided over by the seven major oil companies, to the price revolution of the 1970s and 1980s, to the re-emergence of Russia as an important but uncertain supplier. Parra charts the changing power dynamics amongst the major oil suppliers and examines their relationships with the major oil importing countries, and how these concerns have impacted on foreign policy.--From publisher's description.