OPEC in the Age of Climate Change

Adi Imsirovic ()
Additional contact information
Adi Imsirovic: Oxford University

Chapter Chapter 10 in International Oil Markets in the Age of Climate Change, 2024, pp 149-172 from Springer

Abstract: Abstract OPECOPEC is an oiloil cartelcartel, led by its biggest producer, Saudi ArabiaSaudi Arabia. It restricts output, by means of member country quotas, to support the price of oil, over and above the marginal cost of production. In doing so, OPEC maximises revenues not only for its members, but for all the oil producers. It is a government-level organisation and it is not considered illegal.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-60990-9_10

Ordering information: This item can be ordered from
http://www.springer.com/9783031609909

DOI: 10.1007/978-3-031-60990-9_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().