OPEC’s Dilemma and the Future of Oil

Discover the intricate dynamics of the oil industry in OPEC’s Dilemma and the Future of Oil by Weshah Razzak, published by Taylor & Francis Ltd in 2024. This insightful hardback spans 154 pages and offers a thorough stress test through applied econometric analysis of oil-producing nations. Delve into a positive economic evaluation that covers a sample of 11 OPEC countries from 1970 to 2019. Razzak presents a compelling empirical analysis of OPEC's operating model, highlighting the challenges faced by this state-owned oil monopoly. Perfect for economists and industry professionals alike, this book provides a detailed exploration of OPEC's complexities and its future in a rapidly changing global landscape. Don’t miss the chance to gain a deeper understanding of the forces shaping the oil market today.