The effect of oil prices volatility on the expansion of oil exporting countries' economies

Abstract EN

This study aims to shed light on The impact of oil price fluctuations on the growth of theeconomies of oil-exporting countries, since Changes in the price of oil have a significant impact on world economic growth.

This study has found that these fluctuations have an impact on oil exporting nations in two different ways: the first is positive because of rising financial returns, which leads to higher economic growth across all sectors; the second is considered adverse because of falling financial returns and an accompanying decline in economic growth rates