Global Energy Prices

Soaring oil prices have moved beyond a mere inconvenience to become a major force in shaping the international system. In tandem with another commodity, food, oil costs and availability will bring long-term shifts in relations among nations. How will highly industrialized countries cope with the pain of high energy costs, and how will energy-supplying nations reap the benefits?

Key Analysis
saudi project
Saudi Oil: The Foundation of Geopolitical Power
June 13, 2008 2005 GMT
With $130-a-barrel oil, Saudi Arabia has the financial power to change the geopolitical map in its favor. In this multimedia analysis, Stratfor explores that position, how it came about and what issues the kingdom faces today. (With Stratfor interactive analysis) [more]
Russian President Dmitri Medvedev (R) and Russian Finance Minister Alexei Kudrin
Russia, Iran: Learning to Operate With Less
November 12, 2008 1801 GMT
Falling oil prices are causing exporters to adjust to the price plunge and lower their income forecasts for the coming years. [more]
The Shaybah oil field in southeastern Saudi Arabia
Saudi Arabia: Expanding Surplus, Falling Oil Prices and Riyadh's Sway
November 7, 2008 2101 GMT
Saudi Arabia's bid to expand oil production at a time of falling energy prices represents a bid to continue its dominance in global energy markets. [more]
Saudi Oil Minister Ali al-Naimi arrives Oct. 23 for an Oct. 24 OPEC meeting in Vienna, Austria
Saudi Arabia: Challenges to OPEC's Cut
October 24, 2008 1724 GMT
The Organization of the Petroleum Exporting Countries announced that it will cut oil production by 1.5 million barrels per day starting Nov. 1. [more]
Saudi man filling up at petrol station in Riyadh
Saudi Arabia: Weighing its Options Within OPEC
October 21, 2008 1542 GMT
Saudi Arabia might have something to gain from prolonging the current oil price drop. [more]
OPEC President Chakib Khelil
OPEC: Elusive Compliance with a Production Decision
September 10, 2008 2246 GMT
The Organization of Petroleum Exporting Countries is cutting production, but not all members are expected to comply. [more]
More Analyses
Related Special Topic Pages
External Links

Stratfor is not responsible for the content of other Web sites.

To have Stratfor's free intelligence reports emailed to you each week, click here.