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Keywords = Oil market

Number of Articles: 1
Analysis of the Effective Factors on Oil Price Movements

Ali Emami Meibodi

Volume 8, Issue 28 , October 2006, , Pages 107-122

Abstract
  The crude oil price has shown some drastic changes since 1950. In a competitive or monopoly market one would expect that the real price to rise steadily as the marginal cost rises, not to jump sharply. Is it possible to explain these large movements in the oil prices on the basis of economic theory of ...  Read More