Analyzing OPEC’s Impact on Global Oil Markets and Middle Eastern Economy

Analyzing OPEC's Impact on Global Oil Markets and Middle Eastern Economy

Abstract The Organization of the Petroleum Exporting Countries (OPEC) wields substantial influence over global oil prices, making it a focal point of interest for economic analysts, policymakers, and researchers. This research paper explores OPEC’s role in shaping global oil prices and investigates the far-reaching implications of this influence on the economies of Middle Eastern member … Read more