The causes and outcomes of the low oil price: the interests of USA and Saudi Arabia

Автор: Khlopov Oleg Anatolyevich

Журнал: Власть @vlast

Рубрика: Политика в фокусе

Статья в выпуске: 3, 2015 года.

Бесплатный доступ

The article analyzes the influence of USA and Saudi Arabia on the oil price policy. The author highlights that due the shale revolution and stock market USA has a leverage to manipulate by the oil prices. Saudi Arabia as a leading oil producer is interested in keeping its market share even despite of financial losses. Low oil price causes the social tension in some states, for example in Russia, which is compelled to respond on the new challenge.

Usa, saudi arabia, opec, oil demand and production, shale revolution, social tension, energy crisis, Russia

Короткий адрес: https://sciup.org/170167846

IDR: 170167846

Статья научная