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Place and role of oil complex in modern economic relations: the analysis of key global and national tendencies of development

Vol. 16, Iss. 24, JUNE 2010

Available online: 16 June 2010

Subject Heading: ECONOMIC QUESTIONS

JEL Classification: 

Shevchenko I.V. professor, Kuban State University
decan@econ.kubsu.ru

Alexandrova E.N. Cand.Econ.Sci., associate professor, Kuban State University
al-helen@mail.ru

Penjoyan O.G. graduate student, Kuban State University
penjoyan-olya@rambler.ru

In article the brief review of the basic tendencies of development of an oil complex at a global and national level (on an example of the Russian economy) is presented. On the basis of the analysis of the international and domestic statistics the significant role of oil resources in modern economic relations, their influence on the financial and commodity markets is proved. The separate attention is given a problem of current development of the oil industry of the Russian economy, its restrictions in conditions of crisis.

Keywords: global oil market, oil complex of Russia, global economic crisis

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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