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Participants of the Global Oil Market

https://doi.org/10.32609/0042-8736-2003-9-123-135

Abstract

The article deals with the leading participants of the global oil market and examines its basic parameters in 2002. The authors point out such demand-creating countries as the USA, the EU15 and the Asia Pacific, discuss their specifics as oil-consuming countries and their ability to influence the global oil market. The supply is provided by OPEC countries, US oil corporations and partly independent oil producers.

About the Authors

D. Kokurin
Financial Academy under the Government of the Russian Federation
Russian Federation


G. Melkumov
State University - Higher School of Economics
Russian Federation


References

1. Ергин Д. Добыча. Всемирная история борьбы за нефть, деньги, власть. М.: ДеНово, 1999.

2. BP Statistical Review of World Energy. London, 2003. www.bp.com/centres/energy/index.asp.


Review

For citations:


Kokurin D., Melkumov G. Participants of the Global Oil Market. Voprosy Ekonomiki. 2003;(9):123-135. (In Russ.) https://doi.org/10.32609/0042-8736-2003-9-123-135

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ISSN 0042-8736 (Print)