Saving OPEC: How Oil Producers Can Counteract the Global Decline in Demand

Monday 22 December 2014 - Foreign Affairs

If oil demand peaks, the members of OPEC, whose economies hinge on export revenues from crude oil, are in trouble. But OPEC countries can pursue at least four different strategies to counteract the decline in demand—although none of them will be easy, and none guarantees success. 

Contribution to Foreign Affairs by GIIS fellow Thijs Van de Graaf and Aviel Verbruggen.


Read the full contribution here.