political risk Archives

A “political risk” approach to oil pricing and “failures” to produce

Based on data to be found in the CIA world factbook it is easy to find how oil production is shared world-wide among single oil-producing countries. Those are for example members of OPEC. At the end of this post we have added a short summary table with a selection of North African and Middle East producing countries. We present a “political risk” approach to oil pricing and “failures” to produce in this blogpost. Numerous articles have recently shown up in…