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Peak oil demand has become the hot new topic for oil market analysts but as always, runs the risk of being subject to superficial analysis, just as peak oil supply was. The primary arguments come from climate change activists who believe fossil fuel consumption must drop sharply and from...
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The article aims to investigate the relationship between economic growth, oil production, energy consumption and CO2 emissions in five OPEC countries for the last four decades (1978-2017). We found that per capita energy consumption has a negative relationship with per capita GDP while per...
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Crude oil has become a prominent indicator for economic activities worldwide, due to its outstanding importance in the supply of the world's energy demands. Many economists believe that there is a strong relationship between the growth rate of a country and oil-prices. As such we attempt to...
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