Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed … 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC … pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the U …

emissions in five OPEC countries for the last four decades (1978-2017). We found that per capita energy consumption has a …

Petroleum Exporting Countries (OPEC), and the US Dollar exchange rate volatility on the backwardation of crude oil futures … backwardated 57% and 69% of the time, respectively. The regression analysis of weak backwardation shows that oil volatility, OPEC … have a positive significant effect on oil backwardation, while OPEC production quota imposed on its members has a negative …

. ; In a simplied theoretical framework, we model the strategic interactions between OPEC and non-OPEC producers and the … implications for the global oil market. Depending on market conditions, OPEC may find it optimal to act either as a monopolist on … the residual demand curve, to move supply in-tandem with non-OPEC, or to offset changes in non-OPEC supply. We evaluate …

occurred when in late November 2014 OPEC announced that it would maintain current production levels despite the steady increase … in non-OPEC oil production. Both conjectures are perfectly reasonable ex ante, yet we provide quantitative evidence that …