خلاصه ماشینی:
Large oil companies compete with each other in matters such as controlling product sales markets, gaining a larger share in crude oil exploration and production activities on a global level, reducing production costs, and increasing efficiency; however, when the issue of supply security arises, they reach a consensus and strive to adopt coordinated policies to achieve it.
The question is that in the classification of the world's geographical regions for evaluating the volume of reserves, production, consumption, investment and global crude oil trade, why do oil analyzing organizations and international energy institutions not mention a region under the title "the five main Persian Gulf countries"?
In analyzing the structure and mechanism of the global oil market, especially the relationship between supply and price, supply security, the long-term policies of large oil companies and advanced industrial countries regarding the provision of crude oil supply security, many factors must be taken into account; however, matters related to the oil of the five main countries of the Persian Gulf, such as reserves, production volume, the amount of foreign investment in developing production capacity, legal regimes in exploration and production contracts, governing political systems, and even the position of these countries in international relations, certainly play a decisive role in the developments of the global oil market.
As long as political and military crises are considered a threat to the continuity of the crude oil supply flow, the existence of excess production capacities, especially in OPEC, is a reliable support for balance in the global oil market and provides greater peace of mind for large consumers in advanced industrial countries.