Oil Market Dynamics through the Lens of the 2002-2009 Price Cycle
During the period 2002 to 2008, the oil market experienced a sustained increase in prices with the annual average price rising year-on-year for seven consecutive years. This boom, however, ended with a spectacular collapse towards the end of 2008. These sharp price movements captured public and poli...
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| Format: | Working paper |
| Language: | English |
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Oxford Institute for Energy Studies
2010
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