FEEM seminar on “The drivers behind crude oil production behaviours: an investigation on OPEC and non-OPEC producers”
Meno di un minuto
Are there determinant factors that impact on crude oil production of OPEC and non-OPEC countries? The study on “The drivers behind crude oil production behaviours: an investigation on OPEC and non-OPEC producers” suggests that every country shows a different production behaviour and that there is not a unique set of explanatory variables that can be suggested as the determinant factors of OPEC and non-OPEC crude oil production. This outcome is not unexpected, as oil producing countries embrace a wide diversity of geographical, economic, political, and social settings that lead them to adopt and follow different production policies.