Oil Demand
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Oil Prices and the Global Economy
Author | : Mr.Rabah Arezki |
Publisher | : International Monetary Fund |
Total Pages | : 30 |
Release | : 2017-01-27 |
Genre | : Business & Economics |
ISBN | : 1475572360 |
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.
The Demand for Oil Products in Developing Countries
Author | : Dermot Gately |
Publisher | : World Bank Publications |
Total Pages | : 108 |
Release | : 1997-01-01 |
Genre | : Business & Economics |
ISBN | : 9780821338919 |
World Bank Discussion Paper No. 354. Promoting a high savings rate is high on the World Bank's agenda for promoting national income growth. This study surveys broad saving trends worldwide, summarizes current knowledge about savings and consumption, identifies main unresolved issues, and outlines the major policy questions to be researched. The paper include case studies from Sub-Saharan Africa, China, Colombia, India, Mexico, and Pakistan.
Coronavirus Outbreak and the Great Lockdown
Author | : Bhaskar Bagchi |
Publisher | : Springer Nature |
Total Pages | : 126 |
Release | : 2020-09-21 |
Genre | : Business & Economics |
ISBN | : 981157782X |
This book captures the dynamic relationship between COVID-19 pandemic, crude oil prices and major stock indices as well as the crude oil prices and stock market volatility that have been caused due to outbreak of this pandemic. The pandemic has changed the world melodramatically and major world markets collapsed in the beginning, affecting major industries in an unprecedented way. The book will be useful to the researcher in the field of finance and economics, and policy makers both at government and private level, keeping in view the present state of economy throughout the world.
Saving Oil in a Hurry
Author | : International Energy Agency |
Publisher | : OECD Publishing |
Total Pages | : 176 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : |
During 2004, oil prices reached levels unprecedented in recent years. Although world oil markets remain adequately supplied, high oil prices reflect increasingly uncertain conditions, and many countries are considering ways to improve capacity to handle market volatility and possible supply disruptions in the future. In light of these concerns, this publication sets out a new quantitative assessment of the potential oil savings and costs of rapid oil demand restraint measures for transport, useful for both large-scale disruptions, and for smaller, localised supply disruptions in individual countries. It examines potential approaches for rapid uptake of measures such as telecommuting, ecodriving, and car-pooling; as well as discussing methodologies for adapting policy measures to national circumstances.
The Oil Wars Myth
Author | : Emily Meierding |
Publisher | : Cornell University Press |
Total Pages | : 256 |
Release | : 2020-05-15 |
Genre | : Technology & Engineering |
ISBN | : 1501748955 |
Do countries fight wars for oil? Given the resource's exceptional military and economic importance, most people assume that states will do anything to obtain it. Challenging this conventional wisdom, The Oil Wars Myth reveals that countries do not launch major conflicts to acquire petroleum resources. Emily Meierding argues that the costs of foreign invasion, territorial occupation, international retaliation, and damage to oil company relations deter even the most powerful countries from initiating "classic oil wars." Examining a century of interstate violence, she demonstrates that, at most, countries have engaged in mild sparring to advance their petroleum ambitions. The Oil Wars Myth elaborates on these findings by reassessing the presumed oil motives for many of the twentieth century's most prominent international conflicts: World War II, the two American Gulf wars, the Iran–Iraq War, the Falklands/Malvinas War, and the Chaco War. These case studies show that countries have consistently refrained from fighting for oil. Meierding also explains why oil war assumptions are so common, despite the lack of supporting evidence. Since classic oil wars exist at the intersection of need and greed—two popular explanations for resource grabs—they are unusually easy to believe in. The Oil Wars Myth will engage and inform anyone interested in oil, war, and the narratives that connect them.
China's Oil Industry and Market
Author | : H.H. Wang |
Publisher | : Elsevier |
Total Pages | : 429 |
Release | : 1999-08-09 |
Genre | : Business & Economics |
ISBN | : 0080529119 |
This authoritative book on China's oil demand and government policies and practices rests on two essential foundations: first and foremost on the author's considerable knowledge of China's oil situation and prospects, together with his access to Chinese energy literature and data; and secondly, on that insight afforded to him and, therefore, his readers from his fluency in Chinese.The author analyzes the Chinese oil market and the rising pressure on Beijing to reform policies which constrain China's ability to meet soaring demand and to pay for crucial imports at a time of growing political and economic uncertainties. Dr Wang acknowledges the importance of China meeting its growing domestic oil demand, if at all possible, through national production. The sheer weight of China's population, and its burgeoning requirements as industrialization spreads into most regions, dwarfs the needs of others and places unprecedented strain on international oil trades.The author stresses the fact that the outcome is hard to define, yet the time required to tackle the nation's energy needs is not limitless. Moreover, he reminds the reader of the perennial difficulty in meeting widely disparate economic and energy needs in different regions of the vast country.
Annual Report on China’s Petroleum, Gas and New Energy Industry (2021)
Author | : Fang Cai |
Publisher | : Springer Nature |
Total Pages | : 280 |
Release | : 2022-10-23 |
Genre | : Business & Economics |
ISBN | : 9811960763 |
This book focuses on the global economy, oil industry, natural gas industry, hydrogen energy industry, wind power industry, and low-carbon market in the post-pandemic era of China and the whole world. It provides the overview of the China's energy economy development in 2021 and has an in-depth analysis of the future development trends of the oil and gas and new energy industries. It aims to present Chinese insights on the development of the energy industry of China and the world.