Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 50
Book Description
ANALYSIS REPORT: A SENSITIVITY ANALYSIS OF WORLD OIL PRICES.
Author: A Sensitivity Analysis of World Oil Prices
Author: Mark RodekohrPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 54
Book Description
A Sensitivity Analysis of World Oil Prices
Author: Mark RodekohrSensitivity Analysis of World Oil Prices. Analysis Report AR
Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
An analysis of the impact of the political disruption in Iran on the world oil market is presented. During the first quarter of 1979, this disruption caused a loss of approximately 5 million barrels per day (MMBD) of oil production available for export from Iran to the rest of the world. This loss of production and the political climate in Iran have caused much speculation concerning future Iranian oil production and total Organization of Petroleum Exporting Countries (OPEC) oil production in the nearterm and midterm. The analysis describes these issues in terms of two critical factors: the world oil price and the level of OPEC oil production in the nearterm and midterm. A detailed comparison of the Central Intelligence Agency (CIA) and Energy Information Agency (EIA) forecasting models of world oil prices is presented. This comparison consists of examining reasons for differences in the price forecasts of the CIA model by using CIA assumptions within the EIA model. The CIA and EIA model structures and major parameters are also compared. It is important to note that this analysis is not all encompassing. In particular, the analysis does not provide data on crude oil prices in the spot market, but does provide information on the average crude oil price; and does not permit rationing of oil, since the market is forced to clear only through changes in oil prices. Throughout this paper, world oil prices are defined in terms of real 1978 dollars per barrel of crude oil delivered to the East Coast of the United States net of any import fees.
World Oil Price Projections
Author: William W. HoganPublisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 45
Book Description
An Evaluation of Future World Oil Prices
Author: Kenneth L. KincelPublisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 92
Book Description
A Sensitivity Analysis on Oil and Gas Prices and how this Affects Sustainable Energy Implementation
Author: Michelle OhnesorgePublisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 32
Book Description
Outlooks for World Oil Prices
Author: ICF-Lewin Energy GroupPublisher:
ISBN:
Category : Petroleum products
Languages : en
Pages :
Book Description
Energy Abstracts for Policy Analysis
Author: Oil Prices and the Global Economy
Author: Mr.Rabah ArezkiPublisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
Book Description
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.