The world oil market, past and future

Oil price behavior has changed dramatically in the last twenty years. These changes can be explained rather simply in terms of the delayed responses of supply and demand to prices, and in terms of changes in the rate of discovery of reserves. This analysis can be used to forecast possible future developments.

MoreLess

Year of publication:	1984
Authors:	Chichilnisky, Graciela ; Heal, Geoffrey
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	oil \| crude oil \| oil market \| prices \| supply and demand \| monopsony \| OPEC \| expectations \| imports \| exports \| trade \| Middle Eastern politics

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Notes:	Published in The Columbia Journal of World Business no. 7.XIX(1984): pp. 47-55
Classification:	Q41 - Demand and Supply ; Q48 - Government Policy ; N7 - Transport, International and Domestic Trade, Energy and Other Services
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005836067