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The US Tight Oil Revolution and Its Impact on the Gulf Cooperation Countries – Beyond the Supply Shock

Abstract:

While the impact of the increase in US production on prices and on oil market dynamics is yet to be fully felt, as some of the underlying forces still need time to unfold and need to be fully understood, it is important to provide a general framework to help us analyse the US shale revolution and its potential impacts on oil markets and key Middle East producers. In this paper, we propose a broad framework based on three main aspects: the US tight oil revolution as a positive oil supply shock...

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Publication status:
Published
Peer review status:
Reviewed (other)

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Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Role:
Author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Series:
OIES paper
Publication date:
2014-01-01
Paper number:
WPM 54
Language:
English
Keywords:
UUID:
uuid:c9d8e973-5138-4782-9c12-c4ba617cbe41
Local pid:
ora:10417
Deposit date:
2015-03-04

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