Exploring crude oil production and export capacity of the OPEC Middle East countries

► We simulate the future scenario of crude oil export and production using ACEGES. ► The simulated results are analyzed using the GAMLSS framework. ► The peak points of oil export and production will come early in this century. ► The OPCE Middle East will produce most of the world crude oil in the near future. ► These countries will continuously be the key players in the crude oil markets.