Möbert, Jochen (2007)
Crude Oil Price Determinants.
Report, Primary publication
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| Item Type: | Report |
|---|---|
| Type of entry: | Primary publication |
| Title: | Crude Oil Price Determinants |
| Language: | English |
| Date: | August 2007 |
| Place of Publication: | Darmstadt |
| Series: | Darmstadt Discussion Papers in Economics |
| Series Volume: | 186 |
| Abstract: | Based on monthly observations, I specify an econometric model capturing the driving forces behind the crude oil price series in recent years. A large set of covariates, such as supply and demand variables as well as futures market variables, is used to test the impact on the crude oil price. Current price movements are a result of scarce refining capacity and speculators betting on higher prices. The results also question OPEC’s market power. |
| Uncontrolled Keywords: | Crude oil market, Econometric modelling |
| URN: | urn:nbn:de:tuda-tuprints-47416 |
| Additional Information: | JEL - Classification : C51, Q41 |
| Classification DDC: | 300 Social sciences > 330 Economics |
| Divisions: | 01 Department of Law and Economics 01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete |
| Date Deposited: | 26 Aug 2009 13:23 |
| Last Modified: | 28 Jan 2016 07:48 |
| URI: | https://tuprints.ulb.tu-darmstadt.de/id/eprint/4741 |
| PPN: | 378263676 |
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