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Oil Prices: fundamentals or speculation?
Christopher Allsopp; Bassam Fattouh
发表日期2008-06-01
出版年2008
页码4
语种英语
概述In this presentation, Christopher Allsopp and Bassam Fattouh discuss the recent rise in oil prices to around $135 per barrel, arguing that the diminution of feedbacks has destabilised long term expectations of oil prices. This has resulted in an unlocking of the back end of the futures curve, leading to ‘indeterminacy’ and great uncertainty about […]
摘要In this presentation, Christopher Allsopp and Bassam Fattouh discuss the recent rise in oil prices to around $135 per barrel, arguing that the diminution of feedbacks has destabilised long term expectations of oil prices. This has resulted in an unlocking of the back end of the futures curve, leading to ‘indeterminacy’ and great uncertainty about ‘fundamentals’ – a situation which can lead to volatility and drifts in the oil price responding to quite small changes in ‘news’ about supply, demand or OPEC behaviour.
主题Energy Economics ; Energy Policy ; Finance ; Oil ; Oil & Middle East Programme
关键词Demand Elasticity Feedbacks fundamentals Oil Price Behaviour OPEC Oil Prices Oil Shock Production speculation Supply
URLhttps://www.oxfordenergy.org/publications/oil-prices-fundamentals-or-speculation/
来源智库Oxford Institute for Energy Studies (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/312120
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GB/T 7714
Christopher Allsopp,Bassam Fattouh. Oil Prices: fundamentals or speculation?. 2008.
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