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.January 1, 2016
Nader is a senior research associate whose research interests include natural resource economics and economic modeling. His current study focuses on the role of sovereign wealth and stabilization funds in oil exporting countries. Nader also works on the restructuring of the electricity market project, analyzing how market design impacts the economics of the electricity sector. Previously, he worked on understanding regional price differentials in the crude oil markets. Nader co-developed the KAPSARC Global Oil Trade Model (GOTM).