OPEC: OIL AND GLOBAL ENERGY MARKETS. IT'S ROLE AND INFLUENCE
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Abstract
Oil plays a vital role in shaping global energy markets and influencing international economic stability. This paper examines the dynamics of oil supply and demand, price fluctuations, and the impact of geopolitical tensions on energy security. It also explores the transition towards renewable energy and its implications for oil-dependent economies. The study highlights the need for sustainable energy policies and diversification to ensure long-term global energy stability.
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References
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