تأثير انخفاض أسعار النفط لعام 2014 على اقتصادات الدول المنتجة

Abstract EN

The importance of oil as a natural resource is that it is an important and key element in the industry, which developed significantly in the 21st century because oil provides fuel and energy that drives factories, machinery and other elements of the production process.

The developed countries have attached great importance to the patronage of the oil market and the organization of the sale, purchase and production of oil, because oil is one of the things that are subject to the calculations of supply and demand, whose prices are constantly changing due to political and economic factors.

In 2014, the world witnessed a decline in oil prices due to oversupply and lack of demand.

What are the effects of low oil prices on producing and consuming countries? .

As for the producing countries, it is natural to be adversely affected as the national income of these countries is affected by the decline in oil prices as the main source of income.

Producing countries as a result of low oil revenues may resort to reliance on their sovereign funds or may adopt unprecedented economic policies "for most of the Gulf countries, " when taxes on goods and services are imposed, number of its workers due to decrease or maintenance of profits.

The positive effects of lower oil prices are undoubtedly advantages for many countries.

Oil prices are a lifeline for their economies, which are suffering from increased deficits and indebtedness.

This is what will be addressed in this research.