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open access

World Oil Demand and the Effect on Oil Prices

Description: Demand patterns for world oil and oil products show significant diversity by country, region, and product groupings. As a result of this diversity it is not possible to attach blame for the current level of price to any one nation, region, or product segment. The view that the oil market is international in scope and tightly interrelated is enhanced by the demand data. As a result of the integrated nature of the world oil market it is unlikely that any one nation acting on its own can implement… more
Date: August 18, 2004
Creator: Pirog, Robert L.
open access

World Oil Demand and its Effect on Oil Prices

Description: Demand patterns for world oil and oil products show significant diversity by country, region, and product groupings. As a result of this diversity it is not possible to attach blame for the current level of price to any one nation, region, or product segment. The view that the oil market is international in scope and tightly interrelated is enhanced by the demand data. As a result of the integrated nature of the world oil market it is unlikely that any one nation acting on its own can implement… more
Date: June 9, 2005
Creator: Pirog, Robert L.
open access

The Iran Sanctions Act (ISA)

Description: This report discusses the increasing international pressure on Iran to curb its nuclear program and how that pressure discourages foreign firms from investing in Iran's energy sector, hindering Iran's efforts to expand oil production. This report discusses the history and progress of the formal U.S. effort to curb energy investment in Iran, which began with the Iran Sanctions Act (ISA) in 1996. This report also discusses U.S. concerns that other nations, e.g., U.S. allies, Russia, and China, ar… more
Date: June 4, 2009
Creator: Katzman, Kenneth
open access

The G-20 and International Economic Cooperation: Background and Implications for Congress

Description: This report discusses the background of the G-20 (an international forum for discussing and coordinating economic policies) and some of the issues that it has addressed. It includes historic background on the work of the G-20, information about how the group operates, overviews of G-20 summits, major issues that the group is likely to address and the likely effectiveness of the G-20 in the near future. The members of the G-20 include Argentina, Australia, Brazil, Canada, China, France, Germa… more
Date: March 31, 2011
Creator: Nelson, Rebecca M.
open access

The G-20 and International Economic Cooperation: Background and Implications for Congress

Description: This report discusses the background of the G-20 (an international forum for discussing and coordinating economic policies) and some of the issues that it has addressed. It includes historic background on the work of the G-20, information about how the group operates, overviews of G-20 summits, major issues that the group is likely to address and the likely effectiveness of the G-20 in the near future. The members of the G-20 include Argentina, Australia, Brazil, Canada, China, France, Germany,… more
Date: October 23, 2013
Creator: Nelson, Rebecca M.
open access

U.S. Decision to Cease Implementing the Iran Nuclear Agreement

Description: This report analyzes the Trump Administration's decision to pullout from the Joint Comprehensive Plan of Action (JCPOA) and its potential implications. The other powers that negotiated the accord with Iran--Russia, China, France, Britain, and Germany--have consistently asserted that the JCPOA is succeeding in its core objectives and that its implementation should not be jeopardized.
Date: May 9, 2018
Creator: Katzman, Kenneth; Kerr, Paul K. & Heitshusen, Valerie
open access

Efforts to Preserve Economic Benefits of the Iran Nuclear Deal

Description: This report discusses the response of the non-U.S. parties to the Joint Comprehensive Plan of Action (JCPOA) to the Trump Administration's decision to cease implementing U.S. commitments under the agreement. The other parties, which include the United Kingdom, France, Germany, Russia, China, the European Union (EU) and Iran, opposed the U.S. move and have undertaken intensive negotiations to try to preserve the accord.
Date: June 27, 2018
Creator: Cimino-Isaacs, Cathleen D.; Katzman, Kenneth & Mix, Derek E.
open access

Efforts to Preserve Economic Benefits of the Iran Nuclear Deal

Description: This report discusses efforts by the non-U.S. parties to the Joint Comprehensive Plan of Action (JCPOA)--the United Kingdom, France, Germany, Russia, China, the European Union (EU) and Iran--to preserve the accord after the United States announced they would cease implementation.
Date: September 7, 2018
Creator: Cimino-Isaacs, Cathleen D.; Katzman, Kenneth & Mix, Derek E.
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