Title: Effect Of Oil On Middle East Economies
Headings: Effect Of Oil On Middle East Economies
Effect Of Oil On Middle East Economies
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2- Chapter I: Oil Company Investment in Middle East
3- Chapter II: The cooperation between the countries of the oil-producing Middle East.
4- Chapter III: The impact of the oil industry on country’s economy in the Middle East
5- Chapter IV: Oil consuming countries, and the reasons for its dependence on Middle East oil.
OUTPUT AND CONSUMPTION PETROLEUM PRODUCTS -2009 (1,000 b/d)
The contribution of world oil reserves as follows:
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QATAR
ABU DHABI
SAUDI ARABIA
6- Conclusion
REASONS FOR OIL PRICE RISE
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Content: The oil was discovered in Saudi Arabia in 1930s, yet the large scale of production was continued from World War II. Consequently the country developed economically and Saudi Arabia become world’s leading oil producer and exporter. In fact Saudi oil reserves are the largest in the world. Middle East Countries are Egypt, Turkey, Iran, Iraq, Saudi Arabia, Yemen, Syria, Israel, Jordan, United Arab Emirates, Lebanon, Palestinian Authority, Kuwait, Oman, Qatar and Bahrain. The Saudi Arabia has the reserves of 262.3 billions which is the highest amount other Middle East Countries. The Middle East and Oil Rich are synonyms as every country in the Middle East as the status of Oil-rich and oil-producing exporters. 2- Chapter I: Oil Company Investment in Middle East
The region is known for producing and exporting oil and significantly impact the entire region. The wealth generation through movement of labor. The standard growth in the Middle East is nearly four times faster than the world average, hence many countries interested to diversify their efforts in the Middle East to increase their economies.