Shifting Economic Power In World Oil Markets
The Organization of Petroleum Exporting Countries (OPEC) has encountered rough times before, but never has its power over the world oil market been in question as it is today. Along with the global recession, and following the tragedy of September 11th, there has been a noticeable shift in the prior...
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| Veröffentlicht in: | The international business & economics research journal 2011-02, Vol.2 (1) |
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| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Online-Zugang: | Volltext |
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| Zusammenfassung: | The Organization of Petroleum Exporting Countries (OPEC) has encountered rough times before, but never has its power over the world oil market been in question as it is today. Along with the global recession, and following the tragedy of September 11th, there has been a noticeable shift in the priorities and objectives of both OPEC and non-OPEC members. As a result, OPECs once dominant position in world oil markets appears to be weakening. |
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| ISSN: | 1535-0754 2157-9393 |
| DOI: | 10.19030/iber.v2i1.3751 |