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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Bibliographic details
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 IDEAS
Database information Databases - DBIS