Strategic Analysis of Oil and Gas Industry Dynamics and OPEC Measures

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Added on  2023/02/02

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This report provides an overview of the oil and gas industry's dynamics, focusing on the strategic changes and challenges it faces. It examines the impact of factors like unconventional oil production, technological constraints, and shale gas on the industry's structure. The report analyzes OPEC's measures to stabilize oil prices, critically evaluating their effectiveness and the reasons for their successes and failures. The role of the shale revolution, including horizontal drilling and hydraulic fracturing, in increasing oil and natural gas production is also discussed, along with its positive impacts on the country and the industry's decision-making processes. The report concludes by summarizing the industry's contribution to economic growth and the need for structural changes. The report also includes references to relevant books and journals.
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