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The Impact of the COVID-19 Pandemic on International Oil Markets
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The Impact of the COVID-19 Pandemic on International Oil Markets

Book Details

Format Hardback or Cased Book
ISBN-10 1536195952
ISBN-13 9781536195958
Publisher Nova Science Publishers Inc
Imprint Nova Science Publishers Inc
Country of Manufacture US
Country of Publication GB
Publication Date May 24th, 2021
Print length 231 Pages
Weight 483 grams
Product Classification: EconomicsPetroleum & oil industries
Ksh 31,150.00
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This book is dedicated to an in-depth statistical analysis and modelling of international oil markets before and during the COVID-19 pandemic with special attention placed on the oil exporting countries Russia and Iran. It is proven that the negative impact of the pandemic on oil markets is huge and expressed by dramatically diminished volume of derivatives contracts at oil markets resulting in failure of oil prices. The coronavirus pandemic highlighted contradictions between the main geoeconomic playmakers of the world - USA, EU, China and partly Russia - however, only the USA has corresponding economic vehicles and instruments, described in the book, for ruling international oil markets.

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