S. Roberts

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                    [post_content] => A study of o i l developments during '1978-82 may provide some important insights into the operation of the pricing mechanism for petroleum in international trade. First of all, this period enables us to study the behaviour of oil producers in both arising and a falling market. In 1979/80 excess demand pushed prices up more than threefold. Two years later the position changed to one of unprecedented excess supply, with OPEC producing at less than 55 per cent of capacity. As we shall see the evidence suggests marked asymmetries i n behaviour according to market conditions.
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Latest Publications by S. Roberts

Latest Tweets from @OxfordEnergy

  • T Bros @thierry_bros to present OIES Brexit research at Interfax meeting, 29 March https://t.co/BYbK5QORqh Paper: https://t.co/gkoUxrnVLp

    March 27th

  • OIES' @thierry_bros quoted on Sonatrach changes https://t.co/C2f3RROp1q via @LesEchos

    March 27th

  • New OIES study on Russian LNG: A 12-year tax holiday + no export tax on LNG improved project economics for Yamal LN… https://t.co/HZej1LYRny

    March 24th

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