Oil lies at the heart of the modern history of the Middle East. For decades, the world’s largest oil reserves have enriched the region’s nations. But oil we

For many years, vertical integration characterized the international oil industry, with the same company controlling the entire process from crude exploration a

The sharp increase in oil revenues since 2002 has left the Arab Gulf States with billions of petro-dollars. But how will these countries fare in the post-oil er

Shaped by the emotional climate of the ongoing Arab-Israeli conflict, the controversies between the oil-producing and oil-consuming nations are of major interna