Impact of geopolitical factors on global oil and gas markets ...Qatar

•    Price volatility and growing demand contributed to the emergence of new opportunities to enhance international co-operation and rationalise consumption in the field of energy Five oil-producing countries suffered political problems that resulted in a significant drop in their oil production --Iran, Iraq, Kuwait, Venezuela, and Russia. If we look at these five countries, we may be able to conclude the following: 1. The suspension of Libyan oil production of 1.6mn barrels per day is the lowest in history, which may explain the fact that oil prices did not rise more than what we witnessed. The Iranian revolution at the beginning of 1979 contributed to reducing Iranian oil production by

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