The Drivers of Oil Prices: The Usefulness and Limitations of Non-Structural model, the Demand–Supply Framework and Informal Approaches

The behaviour of oil prices has received special attention in the current environment of rapid rises and marked increase in oil price volatility. It is widely believed that high oil prices can slow economic growth, cause inflationary pressures and create global imbalances. Volatile oil prices can also increase uncertainty and discourage muchneeded investment in the oil sector. High oil prices and tight market conditions have also raised fears about oil scarcity and concerns about energy security in many oilimporting countries.

By: Bassam Fattouh

Latest Tweets from @OxfordEnergy

  • Oxford Energy Podcast – LNG Plant Cost Reductions 2014–18 https://t.co/Fd9U19aoqn

    January 18th

  • A review of new OIES study on LNG as shipping fuel: Northern Europe seen most substantial development of LNG as shi… https://t.co/VbioNQyn8B

    January 18th

  • New OIES study on LNG supply chains and development of LNG as a shipping fuel in N.Europe: LNG bunker fuel has not… https://t.co/NZIoe4uRxF

    January 16th

Sign up for our Newsletter

Register your email address here and we will send you notification of new publications, comment, articles etc. automatically.