Short-Run Crude Oil Price and Surplus Production Capacity

Autor:	Joanne Shore, John Zyren, Michael Ye
Rok vydání:	2006
Předmět:	Economics and Econometrics Short run Crack spread Oil-storage trade Gulf war Crude oil Agricultural economics Microeconomics chemistry.chemical_compound Surplus production chemistry Economics Petroleum Production (economics) General Economics Econometrics and Finance
Zdroj:	International Advances in Economic Research. 12:390-394
ISSN:	1573-966X 1083-0898
DOI:	10.1007/s11294-006-9026-2
Popis:	This paper shows the effect that surplus crude oil production capacity has on short-term crude oil prices. A simple model using Organization for Economic Co-operation and Development (OECD) industrial inventories and Organization of the Petroleum Exporting Countries (OPEC) surplus production capacity is introduced. This model provides improved forecasts for the post Gulf War I time period over models without the capacity variable.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::710f2e116184b1402933d1a5ed7890ad https://doi.org/10.1007/s11294-006-9026-2 Zobrazit plný text záznamu Plný text ve formátu PDF