The aim of this paper is to analyze the impact of the so-called “shale oil revolution” on oil
prices and economic growth. We employ a general equilibrium model of the world oil market …

Africa's oil trade plays a vital role in the global oil market, but it is more vulnerable compared
to other regions due to its resource dependency. This study examines the evolution of …

Scholars have long debated the causal impact of international institutions such as the World
Trade Organization or the International Monetary Fund. This study investigates Organization …

This paper investigates the evolution of the world crude oil market and the pricing power for
major oil-producing and oil-consuming countries using graph theory. A minimal spanning …

Global competition for crude oil has increased in the past decade with the entry of
industrializing nations such as China and India. Yet we still do not know much about the …

This paper studies the competition among oil importers using complex network theory,
combined with several alternative measures of competition intensity, to analyze the …

Fossil fuel market dynamics will have a significant impact on the effectiveness of climate
policies. Both fossil fuel owners and investors in fossil fuel infrastructure are sensitive to …

This paper investigates the effect of OPEC production decisions (increase, cut, maintain) on
both WTI and Brent crude oil prices between Q1 1991 and Q1 2015 by employing the event …

In November 2014, OPEC announced a new strategy geared towards improving its market
share. Oil-market analysts interpreted this as an attempt to squeeze higher-cost producers …

Since its formation, OPEC through its conference decisions has been a major player in the
world oil markets. The purpose of this paper is to examine the impacts of OPEC's different …