Quarterly Publication
Oil and Gas Economics and Management
Assessing the Relationship Between OPEC Convergence and Oil Market Balance

Shohreh Pirani

Volume 6, Issue 1 , January 2022, , Pages 43-52


  The oil market is affected by the supply of oil by oil-producing countries. The Organization of the Petroleum Exporting Countries (OPEC) was established in the 1960s to balance oil prices in favor of oil-producing countries. OPEC has gone through a period of convergence and divergence since its inception ...  Read More