Haunted by crises past

Article Abstract:

Instability in Iraq, uncertainty in Venezuela and confusion over Russian government policy towards Yukos, the country's biggest oil company has played a part in rising oil prices in October 2004. Oil price volatility is the biggest threat to the global economy in the coming six months.

International aspects

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The Russian oil sector and the global oil economy: a prospectus

Article Abstract:

An overview of the Russian oil sector and the factors affecting its future evolution are described. The patterns of production and organization in the domestic industry and the major hindrances to increased exports of Russian oil-transportation infrastructure are discussed.

Production data, Russia, Exports

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The impact of high oil prices on the Middle East: Reform plans buried under oil cash

Article Abstract:

Oil prices in the Middle East are rising and may stay high for some time. The oil producing countries have to decide whether the money they want to spend on productive investment and reforms or ruling groups are going to pocket the wealth as they have so often done before.

Middle East, Economic aspects

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