Crude oil prices analysis in Kuwait economy

Bc. Manal Banana

Diplomová práce

Abstract:

Oil is one of the most essential commodities of the past century and perhaps will be the upcoming century. The second statement depended on innovation in the energy sector which is increasing due to widespread concern over climate and environmental issues. There have been developments in the oil industry in recently, for example United states of America has increased their abilities to produce oil at, becoming self-sustainable in the process and emerging as major player in the oil energy industry. OPEC policies had to adapt with all these developments and Kuwait Additionally, the oil reserves of middle east have decreased for the two decade as a share of global oil reserves. Other pressures were applied by the environmental and sustainable energy concerns have put Kuwait crossroad where undoubtedly actions and decisions taken now will prove crucial for well being of the economy To understand how we got to this crossroad we must analyze the history of the commodity, to understand the situation as to how the GDP is dependent on oil as a source of revenue. The supply and demand of the energy sector in Kuwait will be scrutinized to form prediction about what might lay ahead of this crossroad.

Keywords

Oil Market, Regression analysis, Energy resources, Export, Kuwait

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 31. 3. 2021

Obhajoba závěrečné práce

• Vedoucí: prof. Ing. Mansoor Maitah, Ph.D. Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Magisterský studijní program / obor:
Economics and Management / Economics and Management