World Oil: Market or Mayhem?
The world oil market is regarded by many as a puzzle. Why are oil prices so volatile? What is OPEC and what does OPEC do? Where are oil prices headed in the long run? Is “peak oil” a genuine concern? Why did oil prices spike in the summer of 2008, and what role did speculators play? Any attempt to...
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Format: | Working Paper |
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2009
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Online Access: | http://hdl.handle.net/1721.1/45659 |