The Price of Oil – Will it Start Rising Again?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and, hence, the price of the resource. A set of oil demand equations is estimated for OECD and non-OECD countries,...
