International Oil Development PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download International Oil Development PDF full book. Access full book title International Oil Development by United States. Central Intelligence Agency. Office of Economic Research. Download full books in PDF and EPUB format.
Author: United States. Central Intelligence Agency. Office of Economic Research
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 832
Get Book Here
Book Description
Author: United States. Central Intelligence Agency. Office of Economic Research
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 832
Get Book Here
Book Description
Author: Kameel I. F. Khan
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 304
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Natural gas
Languages : en
Pages : 60
Get Book Here
Book Description
Author: Havard Devold
Publisher: Lulu.com
ISBN: 1105538648
Category : Gas fields
Languages : en
Pages : 84
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 224
Get Book Here
Book Description
Author: Adi Imsirovic
Publisher: Springer Nature
ISBN: 3030717186
Category : Business & Economics
Languages : en
Pages : 262
Get Book Here
Book Description
This is a book about the international oil market. It takes a historical perspective on how the market emerged, developed, and became what it is today—the biggest commodity market in the world. It is mature and complex, but far from perfect. Throughout most of its 150-year history, the oil market has been monopolised by companies and governments. For only a fraction of that, oil traded in a relatively free market. As a result, we had to live with ‘big oil’, economic shocks, high oil prices, instability and wars. Using a simple concept of market power, this book will explain the meaning of ‘oil price’ and how it is established while offering a valuable lesson for other commodities. Market power is the key to understanding the ‘price of oil’. This book uses a simple concept of price-makers and price-takers to examine the evolution of oil markets, their structure, and prices. The early decades of the oil industry were competitive with low barriers to entry. Barely 25 years later, the Standard Oil company created a refining monopoly, buying oil at its own ‘posted’ price. In the following century, the cartel of major oil companies, helped by their governments, did the same at the international level. OPEC helped producing governments regain control of their own resources, but the organisation was never able to retain a similar level of control. After 1986 price collapse, OPEC abdicated the price-making function in favour of the market. While it never gave up attempts to influence prices, OPEC had to link their official prices to one of the global oil benchmarks. Modern international oil markets function because of oil benchmarks such as Brent, WTI and Dubai. This book showcases: • How oil traders played a prominent role in development of the industry • How policies of consuming nations helped oil cartels • Why and how the US price of oil was negative • How AI has changed the way markets operate and the way in which the markets are likely to change in future This book explores how oil markets grew, functioned, and have occasionally failed to do their job. The ecosystem of derivatives or ‘paper barrels’ trading in far greater volume than physical oil plays a very important role in mitigating risk. With this core tenant, setting the ‘price of oil’ is explained in detail.
Author: C. van der Linde
Publisher: Springer Science & Business Media
ISBN: 1461545757
Category : Business & Economics
Languages : en
Pages : 179
Get Book Here
Book Description
Abbreviations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix Chapter 1 INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Chapter 2 REDRAWING THE BOUNDARIES BETWEEN STATE AND COMPANY . . . 3 Chapter 3 STATE PARTICIPATION IN THE ECONOMY . . . . . . . . . . . . . . . . . . . . . 25 Chapter 4 INTERNATIONAL ECONOMIC INSTABILITY . . . . . . . . . . . . . . . . . . . . . 49 Chapter 5 THE FAILURE OF OPEC TO SECURE ECONOMIC RENTS . . . . . . . . . . 67 Chapter 6 TURNING BLACK GOLD INTO DEVELOPMENT . . . . . . . . . . . . . . . . . . 81 Chapter 7 NATIONAL OIL COMPANIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 Chapter 8 AMBITIOUS CONSOLIDATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127 Chapter 9 STRATEGIC CONSOLIDATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155 Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165 PREFACE This book has been kicking around my desk for quite some time. On and off I returned to my work on the role of the state in the economy and the international oil market, but for a long time I was not satisfied with the shape it was in. I understand now that I needed the insights developed over the past couple of years on the role of the state, regulation, liberalization, privatization, and the recent events in the international oil industry to bring all my ideas together in a more coherent format. It was the events that followed the Asian financial crisis that drew me back to finish writing this book. The early beginnings of this book were developed at the Institute of International Affairs, Chatham I-louse, in London, where I was a research fellow with the Energy and Environment Programme in 1992 and 1993. At the Colorado School of Mines, I had the opportunity to test my ideas in a graduate class, and continue the research.
Author: Judith Rees
Publisher: Springer
ISBN: 1349093408
Category : Business & Economics
Languages : en
Pages : 194
Get Book Here
Book Description
Author: Edith Penrose
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 320
Get Book Here
Book Description
The economics of the world's petroleum industry are outlined, the nature and significance of the large international firm are described, and the history of the oil industry, the operation of the major oil companies, prices in the industry, and the economics of developing countries are all covered.
Author: Owen L. Anderson
Publisher:
ISBN: 9781943497409
Category : Contracts (International law)
Languages : en
Pages : 1309
Get Book Here
Book Description
