An academic workshop to be hosted by the Arab Center for Research and Policy Studies will examine the regional implications of a long-term drop in oil prices on oil producing states in the Arab region. Made urgent by a sharp decrease in the global benchmark oil price, from US$110 per barrel to $40 per barrel in the 12 months leading up to September,  “A Drop in World Oil Prices: Implications for Oil-Exporting Countries” will be held at the Al Mukhtasar Hall in Doha’s Ritz-Carlton Hotel on Saturday, November 7, 2015. While participation in the event will be limited to selected experts, attendance will be open to the media and the general public.

Through a number of dedicated sessions, participants at the meeting will be invited to consider the implications for the Arab region of a long-term decline in oil prices. Of particular interest is the extent to which a drop in world oil prices will impact the foreign engagements and policies of oil exporting nations, and the results of this for the Arab world. Further details of the event can be found in the background paper, included here, and a final agenda for the meeting can be found here. For details of an Arabic book recently published by the ACRPS on this topic, please click here (link in Arabic).