GCC-NEA oil trade: Competition in asian oil markets and the Russian ‘Pivot’ east

  • Initiative -
  • Type Book/book chapter
  • Date 1 January 2016
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Abstract

KAPSARC: The purpose of this paper is to assess Middle East crude oil exporter strategies to maintain or expand market share in Asian oil demand. It also analyses the impact of changing global crude oil flows on key oil exporters’ revenues and on inter-regional price differentials by utilizing the KAPSARC Global Oil Trade Model (GOTM). Oil trade between the Gulf Cooperation Council (GCC) and Northeast Asia (NEA) will be subject to new pressures as major crude oil producers from outside the region compete to place their barrels in Asia. African, Latin American, and Russian flows of crude are increasingly redirected towards Asia, challenging the traditional large exporters in the Middle East. GCC oil producers are engaged in a number of initiatives to protect market shares in Asia. © The Editor(s) (if applicable) and The Author(s) 2016.

Authors

Nader AlKathiri

Nader AlKathiri

Research Fellow Nader is a research fellow at KAPSARC. His research interests include development economics, economic modeling, and natural resource economics. He leads… Nader is a research fellow at KAPSARC. His research interests include development economics, economic modeling, and natural resource economics. He leads a project exploring the role of sovereign wealth funds in promoting economic diversification in oil-dependent economies. Nader holds a B.Sc. in operations research, an M.Sc. in applied mathematics and computational science, and an MBA in finance.

Expertise

  • Sovereign wealth funds; natural resource economics; economic modeling

Publications See all Nader AlKathiri’s publications

Tilak Doshi

Tilak Doshi

Ziyad Alfawzan

Ziyad Alfawzan

Senior Research Analyst Ziyad is a Senior Research Analyst at KAPSARC focusing on energy demand modeling. He has also worked on developing a… Ziyad is a Senior Research Analyst at KAPSARC focusing on energy demand modeling. He has also worked on developing a macroeconometric model of Saudi Arabia. He is currently on sabbatical to undertake an M.Sc. in operations research.

Sammy Six

Sammy Six

Vitaly Yermakov

Vitaly Yermakov

Shahad Alarenan

Shahad Alarenan

Senior Research Analyst Shahad is a senior research analyst in the Energy Systems and Macroeconomics team, with a research focus on econometric energy… Shahad is a senior research analyst in the Energy Systems and Macroeconomics team, with a research focus on econometric energy modeling.

YA

Yazeed Al Rashed

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