Tag: Long-Term Agreements

  • Efficiency of Trade Equilibria in the World Oil Market

    By: A. Khadr

    This paper formulates a trading game in a productive natural resource like oil. Though simple, the model developed here will highlight the role of binding long-term agreements and will show that in their absence equilibria are inefficient. Clifford and Crawford (1987) have recently emphasized this point in the context of trade in natural resources. A […]

Latest Tweets from @OxfordEnergy

  • OIES publishes its new gas quarterly review: With the smallest spread between Gazprom realised price and NBP since… https://t.co/aJMozV6lUe

    June 24th

  • Quarterly Gas Review – Analysis of Prices and Recent Events – Issue 2 https://t.co/075fO46XGN

    June 20th

  • OIES's @thierry_bros quoted in French @RFI on Australia LNG issues: higher domestic gas prices, much lower taxes th… https://t.co/2Dh5GtUZP5

    June 19th

Sign up for our Newsletter

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