This book of essays analyses the behaviour of demand for petroleum products in Europe, the structure of European refining and the patterns of investment and disinvestment in refining, the characteristics of capacity utilization in refining and of the marginal refining yield, the determinants of product price movement and their relationship to crude oil price behaviour […]
The Soviet Union is a major exporter of crude oil and petroleum products, and as such is an important player on the world petroleum market. However, the oil policies of the Soviet Union are not well understood. They sometimes seem shrouded in mystery and their interpretation is often marred by misconceptions. This book examines the […]
This is the first comprehensive Study of the market for North Sea crudes. Written by a team comprised of academic economists and professionals from the oil industry, the book analyses and describes all the main features of the market. The operations of the market are examined in detail, and the main buyers and sellers of […]