The recent behaviour of prices has polarised views about the key drivers of oil prices. One view attributes the recent behaviour in oil prices to structural transformations in the fundamentals of the oil market. An alternative view considers that oil markets have been distorted by substantial and volatile speculative financial flows. This dichotomy between fundamentals […]
The proposal for a crude oil price band seems to be gathering support. This comment discusses some of the limitations of an oil price band then it proposes a new framework for understanding the recent dynamics of oil price movements based on feedbacks. Rather than aiming at stabilising spot prices within a band the comment […]
This presentation, by Bassam Fattouh, challenges some of the conventional wisdom regarding the role of OPEC and analyses the Organisation’s role in the short-term management of the oil market and its behaviour over the oil price cycle. It also discusses some of the transformations in the oil market and how these pose long term challenges […]
On October 9 2009 the Oxford Institute for Energy Studies held a one-day conference in Oxford on ‘Oil Price Volatility: Causes and Measures of Mitigation Strategies’. The conference focused on three themes: the role of fundamentals and financial factors in explaining the recent sharp swings in oil prices and the marked increase in price volatility; […]
Spare Capacity, Oil Prices and the Macroeconomy by Dr. Bassam Fattouh for Oxford Economic Forecasting’s conference ‘Global Macro and Industrial Outlook’ held in London on 6-7 June 2006.
New OIES study on China’s use of natural gas and LNG to tackle air pollution: Natural gas has witnessed growth in a… https://t.co/s0ZlK3iQAp
The Outlook for Natural Gas and LNG in China in the War against Air Pollution https://t.co/8whN19JPBl
OIES’s @thierry_bros in @ru_rbc "...it is going to be difficult but essential to move to € denominated commodity tr… https://t.co/9wCsJakTpS