Oil Titans : National Oil Companies in the Middle East Condition:Very Good already known as the most

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Oil Titans : National Oil Companies in the Middle East Condition:Very Good already known as the mostNinety percent of the world's oil reserves are entrusted to state owned companies. Originally created as political instruments, these so called national oil companies (NOCs) face new demands amid today's dwindling oil reserves and simmering social pressures. Increasingly, state owned oil firmsparticularly in the Middle Eastare having to balance the political demands of their governments with the need to be commercially competitive. In this ground