In June 2014, the price of oil, projected to continue increasing to at least $125 to $150 per barrel WTI, collapsed within six months to just under $50 per barrel.
Vinod K. Aggarwal
Vinod K. Aggarwal is a professor of political economy in the Political Science Department at the University of California, Berkeley, and the director of the Berkeley Asia Pacific Economic Cooperation Study Center (BASC). He is also the editor-in-chief of the journal Business and Politics, and has held fellowships at the Brookings Institution, Rockefeller Foundation, Council on Foreign Relations, East-West Center, Woodrow Wilson International Center for Scholars, and the Japan Foundation. Aggarwal is the author or editor of 21 books, including recently published Responding to China’s Rise: US and EU Strategies (Springer 2015). He has published over a hundred articles and book chapters on the politics of trade and finance. He received his BA from the University of Michigan and his MA and PhD from Stanford University. He speaks five languages.
Vinod K. Aggarwal, PhD. explores the implications of the falling oil prices for the Arab Gulf states and the United States.