Uncertainty, expectations, and fundamentals: whatever happened to long-term oil prices?
One of the major features of the oil market during the 1990s was the relative stability of the long-term oil price. While the spot price exhibited sharp price volatility, that volatility was only partially transmitted to the back end of the futures curve which was anchored around the $20--22 per bar...
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| Volume: | 27 |
|---|---|
| Main Author: |
Fattouh, Bassam
Scaramozzino, Pasquale |
| Format: | Journal Article |
| Language: | English |
| Place of publication: |
Oxford University Press 2011 |
| published in: | Oxford Review of Economic Policy Vol. 27; no. 1; pp. 186 - 206 |
| Data of publication: | 2011 |
| Series: |
Oxford Review of Economic Policy |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |