Publications

The results of OIES research is published as working papers, energy comments, presentations and articles as well as commercially published books and monographs.

The views expressed in all OIES publications are those of the authors and do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its Members.



Capacity Constraints & the Production of Nonrenewable Resources,

Published: 1st January 1987| By:

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Categories / Energy Economics

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Nonrenewable Resource Allocation under Intertemporally Dependent Demand

Published: 1st January 1987| By:

It is often argued informally that demand responses to the major oil price increases of 1973 and 1979 were still not complete several years after the events. The evidence, moreover, is that the long-run price elasticity of demand exceeds the short-run price elasticity, both for energy aggregates and individual energy carriers (see Kouris, 1983, for [...]

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Categories / Energy Economics

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The Impact of Low Oil Prices on Demand, Supplies & the Petroleum Industry

Published: 1st January 1986| By:

The double squeeze on OPEC’s oil ouput caused by a fall in the world demand for oil and a rapid growth in non-OPEC supplies is preventing this organization from performing a price stablization role . The current oil price crisis is the consequence of these developments.

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Categories / Energy Economics, Oil

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The Brent Market: An Analysis of Recent Developments

Published: 1st January 1986| By:

The recent history of the informal market f o r North Sea Brent blend has been of great interest to those studying commodity markets in general and the oil market in particular .  Two aspects of this market gives it this important position.  First, the very rapid growth inactivity in the Brent market means that [...]

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Categories / Energy Economics, Finance, Oil

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UK Gasoline Prices: How Fast are Changes in Crude Prices Transmitted to the Pump?

Published: 1st January 1986| By:

The recent dramatic fall in the price of crude oil has focussed attention on the relationship between crude oil prices and retail gasoline prices in the UK. The central issue is that of how long it normally takes for the fall in costs to be felt in a fall in final prices. The purpose of [...]

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Categories / Energy Economics, Finance, Oil

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The Euromarket & OPEC Oil Revenues: A Study of Banking Intermediation

Published: 1st January 1985| By:

The OPEC price escalations of 1973-74 and 1979-80 have had a crucial effect on the world economy and on international trade. Non-OPEC countries have had t o adjust to higher petroleum prices. They have tried to develop alternative energy resources and have invested in various energy conservation measures.

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Categories / Energy Policy, Finance, Oil

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Are Oil Price Movements Perverse? A Critical Explanation of Oil Price Levels 1950-1985

Published: 1st January 1985| By:

The purpose of this paper is to provide analytical explanations for the price trends and the important oil market episodes of the past three decades.

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Categories / Energy Economics, Oil

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The Demand for Energy by UK Manufacturing Industry

Published: 1st January 1985| By:

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Categories / Country and Regional Studies, Energy Economics

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Petroleum Investment in the Arabian Gulf

Published: 1st January 1985| By:

In 1974 the thirteen OPEC countries suddenly received record oil revenues of $114 billion . The disposal of that income was as follows: 35% was used to finance imports of goods – mainly consumer goods and the remainder – the current account surplus – was placed abroad, mainly in the form of bank deposits (see [...]

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Categories / Country and Regional Studies, Energy Policy, Finance, Oil

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Oil & the Internationalization of Arab Banks

Published: 1st January 1985| By:

The major increases in oil prices during the 1970s caused many changes in the socio-economic map of the Middle East, including substantially increased financial flows to and from the oil economies. In a short time, the oil exporters became also capital exporters. Some of the financial institutions managing these flows had to establish a presence [...]

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Categories / Country and Regional Studies, Energy Policy, Finance, Oil

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