Number: RL34137
Title: The Role of National Oil Companies in the International Oil Market
Authors: Robert Pirog, Resources, Science, and Industry Division 
Abstract: This report assesses the position of national oil companies, and how their evolving strength may affect the availability of supply in the oil market, and hence, oil security. The report also examines the effects of national oil company expansion on the major private international oil companies as well as how these companies might differ in motivation and results. Policy options to deal with the rise of national oil companies by the countries without them are also evaluated.
Pages: 17
Date: August 21, 2007