424 results

Market Structure, Inventories and Oil Prices: An Empirical Analysis
Future of Global Oil Markets

Market Structure, Inventories and Oil Prices: An Empirical Analysis

Jennifer Considine, Philipp Galkin, Abdullah Aldayel

Understanding the relationship between crude oil prices and inventory levels is critical for policymakers and economic actors. The size of the ‘basis,’ or spread between spot and futures prices, reflects the level of inventories and can trigger arbitrage trading. The…

Jennifer Considine Considine, Jennifer
Philipp Galkin Galkin, Philipp
Abdullah Aldayel Aldayel, Abdullah
February 24, 2020
Eliciting Preferences of Ride-Hailing Users and Drivers

Eliciting Preferences of Ride-Hailing Users and Drivers

Prateek Bansal, Akanksha Sinha, Rubal Dua, Ricardo Daziano

The ‘ride-hailing’ services offered by transportation network companies (TNCs) such as Uber and Lyft have rapidly disrupted personal transportation, particularly in cities. Schaller (2018) reports that TNCs provided 2.6 billion rides in 2017 in the United States (U.S.), a 37%…

Prateek Bansal Prateek Bansal
Akanksha Sinha Akanksha Sinha
Rubal Dua Dua, Rubal
Ricardo Daziano Ricardo Daziano
February 24, 2020
Assessment of Coronavirus Effects on Oil Demand Implied by Price Elasticities

Assessment of Coronavirus Effects on Oil Demand Implied by Price Elasticities

Ronald Ripple, Dongmei Chen, Abdullah Aldayel, Hamid M. Al Sadoon

There appears to be a significant response in the crude oil markets to the coronavirus outbreak that originated in Wuhan, China, in December 2019 and has since spread globally. Many cities in Hubei, of which Wuhan is the capital, have been…

Ronald Ripple Ripple, Ronald
Dongmei Chen Chen, Dongmei
Abdullah Aldayel Aldayel, Abdullah
Hamid M. Al Sadoon Al Sadoon, Hamid M.
February 20, 2020
KAPSARC Oil Market Outlook – Update

KAPSARC Oil Market Outlook – Update

Hamid M. Al Sadoon, Colin Ward

China reported an outbreak of a SARS-like viral infection on December 31, 2019. The disease, officially named COVID-19, was first detected in Wuhan City, Hubei Province, China and continues to spread globally. Initial symptoms are similar to the common cold,…

Hamid M. Al Sadoon Al Sadoon, Hamid M.
Colin Ward Ward, Colin
February 18, 2020
Analytical Approaches to Blending Political Science With the Study of Energy Markets
Future of Global Oil Markets

Analytical Approaches to Blending Political Science With the Study of Energy Markets

Energy is arguably the most valuable traded commodity in the world. Unlike most other commodities, energy resources are essential for economic and military activity and therefore have unique strategic importance, especially because states vary widely in their energy resource endowment.…

February 18, 2020
Saudi Arabia’s Residential Solar Energy Use and Prospects
Electricity Sector Transitions

Saudi Arabia’s Residential Solar Energy Use and Prospects

Sadeem Alhosain, Ryan Alyamani

In an effort to diversify the energy mix of Saudi Arabia’s residential sector, the Electricity and Cogeneration Regularity Authority introduced regulations in August 2017, allowing households to use solar energy to generate their own electricity.

Sadeem Alhosain Alhosain, Sadeem
Ryan Alyamani Alyamani, Ryan
February 13, 2020
KGEMM:  A Macroeconometric Model for Saudi Arabia
Models, Data and Tools

KGEMM: A Macroeconometric Model for Saudi Arabia

Fakhri Hasanov, Fred Joutz, Jeyhun Mikayilov, Muhammad Javid

The KAPSARC Global Energy Macroeconometric Model (KGEMM), is a policy analysis tool for examining the impacts of domestic policy measures and global economic and energy shocks on the Kingdom of Saudi Arabia.

Fakhri Hasanov Hasanov, Fakhri
Fred Joutz Joutz, Fred
Jeyhun Mikayilov Mikayilov, Jeyhun
Muhammad Javid Muhammad Javid
February 13, 2020
India’s Crude Oil Imports From the Middle East
Future of Transport and Fuel Demand

India’s Crude Oil Imports From the Middle East

Yagyavalk Bhatt

India’s oil imports have risen significantly since the 1990s, when it imported fewer than one million barrels of oil per day.

Yagyavalk Bhatt Bhatt, Yagyavalk
February 11, 2020
Oil Market Reactions to Recent Geopolitical Events

Oil Market Reactions to Recent Geopolitical Events

Ronald Ripple

The prices for crude oil reported on both the New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE, London) reflect the oil market’s expectations for the future balance of oil supply and demand. In the face of significant geopolitical…

Ronald Ripple Ripple, Ronald
February 11, 2020
Can better technologies avoid all air pollution damages to the global economy?

Can better technologies avoid all air pollution damages to the global economy?

springer

This paper assesses the potential role of the implementation of the best available technologies to reduce the economic consequences of outdoor air pollution in the coming decades. The paper focuses on market impacts related with additional health expenditures, changes in…

François Chantret, Jean Chateau, Rob Dellink, Olivier Durand-Lasserve, Elisa Lanzi

2020
K-DSGE: A Dynamic Stochastic General Equilibrium Model for Saudi Arabia

K-DSGE: A Dynamic Stochastic General Equilibrium Model for Saudi Arabia

Jorge Blazquez, Marzio Galeotti, Baltasar Manzano, Axel Pierru, Shreekar Pradhan

This paper describes a dynamic stochastic general equilibrium (DSGE) model of the Saudi Arabian economy, developed by KAPSARC researchers. The K-DSGE model is to be used for simulations and experiments to assess the impact of economic reforms within the Saudi…

Jorge Blazquez Blazquez, Jorge
Marzio Galeotti Galeotti, Marzio
Baltasar Manzano Manzano, Baltasar
Axel Pierru Pierru, Axel
Shreekar Pradhan Pradhan, Shreekar
February 3, 2020
KAPSARC Oil Market Outlook
Future of Global Oil Markets

KAPSARC Oil Market Outlook

The recent declaration by OPEC and its partners (OPEC+) to cut oil production by a further 500 thousand barrels per day (Kb/d) should help stabilize prices, which should, in turn, help smaller shale producers. Balancing the market in this manner risks…

January 30, 2020
U.S.-Iran Tensions and the Waiver Renewal for Iranian Gas Exports to Iraq
Future of Global Oil Markets Regional Energy Markets

U.S.-Iran Tensions and the Waiver Renewal for Iranian Gas Exports to Iraq

Majed A. Al Suwailem, Saleh Al Muhanna, Rami Shabaneh

Following the assassination of Iranian General Qasem Soleimani in Baghdad on January 3, as a result of a United States (U.S.) airstrike, the Iraqi Parliament passed a resolution stating that it “must work to end the presence of any foreign…

Majed A. Al Suwailem Majed A. Al Suwailem
Saleh Al Muhanna Al Muhanna, Saleh
Rami Shabaneh Shabaneh, Rami
January 30, 2020
Placing a Value on Spot Sales from a Joint Oil Stockpiling Facility
Future of Global Oil Markets

Placing a Value on Spot Sales from a Joint Oil Stockpiling Facility

Jennifer Considine, Kang Wu, Ziyad Alfawzan, Sammy Six

In this paper, joint oil stockpiling (JOS) refers to a commercial arrangement whereby crude oil, owned and commercially traded by an exporting country, is stored in an importing country in exchange for priority drawdown by the host country in the…

Jennifer Considine Considine, Jennifer
Kang Wu Wu, Kang
Ziyad Alfawzan Alfawzan, Ziyad
Sammy Six Six, Sammy
January 23, 2020
Saudi Arabia’s 2018 CO2 Emissions Fall Faster Than Expected
Climate Change Policies and Governance

Saudi Arabia’s 2018 CO2 Emissions Fall Faster Than Expected

Nicholas Howarth, Alessandro Lanza, Thamir Alshehri

The Instant Insight published on December 03, 2019 (KS–2019-II16) was based on data downloaded from the following sources: Enerdata Global Energy & CO2 Database (www.enerdata.net), 9 September, 2019 Enerdata EnerDemand Database (www.enerdata.net), 9 September, 2019 Joint Organizations Data Initiative (JODI),…

Nicholas Howarth Howarth, Nicholas
Alessandro Lanza Lanza, Alessandro
Thamir Alshehri Alshehri, Thamir
January 21, 2020
The Impact of Fiscal Policy on Non-Oil GDP in Saudi Arabia
Energy and Economic Vulnerability Productivity and Economic Diversification

The Impact of Fiscal Policy on Non-Oil GDP in Saudi Arabia

Fakhri Hasanov, Nader AlKathiri, Saad Alshahrani, Ryan Alyamani

Saudi Vision 2030 (SV2030), the strategic roadmap for the future of the Kingdom of Saudi Arabia, aims to decouple the country’s economy from its reliance on oil revenues through implementing several economic and social initiatives. The key economic goals of…

Fakhri Hasanov Hasanov, Fakhri
Nader AlKathiri AlKathiri, Nader
Saad Alshahrani Saad Alshahrani
Ryan Alyamani Alyamani, Ryan
January 16, 2020