main objective of the Organisation of Petroleum Exporting Countries (OPEC) is to ensure that its member states obtain fair … issue of dual pricing and restriction in export processes affecting the oil sector. It was held that such policies … occasioned trade distortions in the petroleum prices in the event they rose up. WTO has all mechanisms to ensure that oil exports …

a serious economic threat to petrostates whose GDP largely depends on oil export revenues. This article develops a …

dependent variables and world oil price and oil export, as independent variables. Two models are formed from these variables … net export is dropped from the model due to the multicollinearity problem and the model is regressed again. Inflation rate …