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Petroleum industry and trade -- Africa, North

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Financial Markets in a New Age of Oil

In the 1970s and 1980s, many countries in the Middle East found themselves flush with an oil boom, both in terms of production and in terms of its buying power and price. This recent 142-page report created by the World Bank reports on what some of these countries are planning to do with these increasing revenue streams, and some of the results may be a bit surprising. The report notes that oil...

https://documents.worldbank.org/en/publication/documents-rep...