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 […]
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 […]
Our purpose in writing this paper is to relax two assumptions which dominate the theory of exhaustible resources and examine the implications for the stability of equilibrium. The first assumption postulates that a complete set of forward markets exists. The second postulates that asset and spot commodity markets clear instantaneously.
Oxford Energy Forum – The Future of Gas – Issue 116 https://t.co/cAa1cGsyOI
New OIES study assesses effectiveness of OPEC’s Declaration of Cooperation with non-OPEC producers: DOC accelerated… https://t.co/mLWRpKlPey
OIES's @thierry_bros interviewed by @yannicrab on the consequences of Brexit on gas interconnectors - https://t.co/MNMHVklNXV