Drop in World Oil Prices: Implications for the Rentier Economic Policies of Large Oil Producers

Abstract

An academic workshop to be hosted by the Arab Center for Research and Policy Studies will examine the regional implications of a long-term drop in oil prices on oil producing states in the Arab region. Made urgent by a sharp decrease in the global benchmark oil price, from US$110 per barrel to $40 per barrel in the 12 months leading up to September, “A Drop in World Oil Prices: Implications for Oil-Exporting Countries” will be held at the Al Mukhtasar Hall in Doha’s Ritz-Carlton Hotel on Saturday, November 7, 2015. While participation in the event will be limited to selected experts, attendance will be open to the media and the general public.