Grupo de Economia da Energia

Posts Tagged ‘oil rents’

Effects of high oil prices: the accumulation of oil revenues in the OPEC countries

In oil on 02/05/2011 at 00:30

By Helder Queiroz*

In the article “The crisis in the Arab world and price of oil we highlighted that the volatility of prices would remain as a consequence of the sources of uncertainty. These are associated with political instability in the Arab countries and the need for restoration of geopolitical relations established between producing and oil importing countries.

At the end of the first quarter of 2011, some of the consequences of the conditions of volatility and high prices in international oil market must be reviewed.

Three high-interdependent aspects should be highlighted and qualified. Continue lendo »