OPEC's domestic oil consumption has increased seven-fold in 40 years, to 8.5 million barrels per day (mbd). They ….1% annually, faster than their income growth of 3.1% – will challenge OPEC's ability to increase their oil exports, which are … relied upon in long-term world oil projections by the International Energy Agency (IEA), US Department of Energy (DOE) and …

Since the early age, oil price has been influenced by many events - World War One, and then came the World War Two. Not … of world oil prices. With the September 11 attack and crisis of US on Iraq, world is facing a big turnaround and this … objective of this study is to examine the impact of world oil price changes on Malaysian economic performance using multiple …