The oil trading markets, 2003-10: Analysis of market behaviour and possible policy responses

Oxford Review of Economic Policy

Volumn 27, Issue 1, 2011, Pages 33-67

  Turner, Adair ^a   Farrimond, Jon ^a   Hill, Jonathan ^a  

^a Financial Services Authority   (United Kingdom)

Author keywords

Multiple equilibria; Oil prices; Policy responses; Position limits; Stabilization; Volatility

Indexed keywords

CAPITAL FLOW; ENERGY MARKET; ENERGY POLICY; FINANCIAL MARKET; OIL SUPPLY; OIL TRADE; PRICE DYNAMICS;

EID: 80052211360     PISSN: 0266903X     EISSN: 14602121     Source Type: Journal    
DOI: 10.1093/oxrep/grr008     Document Type: Article

References (10)

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2. Bank of England (2009), 'What Can Be Said About the Rise and Fall in Oil Prices?', Quarterly Bulletin, 2009 Q3, London, Bank of England
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5. Fattouh, B. (2010), 'Oil Market Dynamics Through the Lens of the 2002-2009 Price Cycle', Oxford Institute for Energy Studies, WPM 39, January.
6. Harris, J. H., and Buyuksahin, B. (2009), 'The Role of Speculators in the Crude Oil Futures Market', available at http://ssrn.com/abstract=1435042
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8. International Monetary Fund (IMF) (April 2009 and October 2010), World Economic Outlook
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10. Working, H. (1949), 'The Theory of Price of Storage', American Economic Review, 39.