Crude oil inventories: The two faces of Janus?

2019 ◽  
Vol 59 (2) ◽  
pp. 1003-1018 ◽  
Author(s):  
Soohyeon Kim ◽  
Jungho Baek ◽  
Eunnyeong Heo
Keyword(s):  
Crude Oil ◽  
Oil Inventories

Global oil price is set to stay subdued in 2015

2015 ◽  
Keyword(s):  
Crude Oil ◽  
Oil Price ◽  
Oil Inventories

US crude oil inventories show no signs of decline despite the slump in the operational rig count.

The global business cycle and speculative demand for crude oil

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Elisabete Neves ◽  
Vítor Oliveira ◽  
Joana Leite ◽  
Carla Henriques
Keyword(s):  
Business Cycle ◽  
Crude Oil ◽  
Structural Model ◽  
Oil Prices ◽  
Demand Elasticity ◽  
Global Business ◽  
Content Type ◽  
Oil Demand ◽  
Oil Inventories ◽  
Speculative Demand

PurposeThis paper aims to better understand if speculative activity is a factor or even the main factor in the run-up of oil prices in the spot market, particularly in the recent price bubble that occurred in the period from mid-2003 to 2008.Design/methodology/approachThe methodology used is based on an existing vector autoregressive model proposed by Kilian and Murphy (2014), which is a structural model of the global market for crude oil that accounts for flow demand and flow supply shocks and speculative demand oil shocks.FindingsFrom the output of the authors’ structural model, the authors ruled out speculation as a factor of rising oil prices. The authors have found instead that the rapid oil demand caused by an unexpected increase in the global business cycle is the most accurate culprit. Despite the change of perspective in the speculative component, the authors’ conclusions concur with the findings of Kilian and Murphy (2014) and others.Originality/valueAs far as the authors are aware, this is the first time that a study has used as a spread oil variable, a speculative component of the real price, replacing the oil inventories considered by Kilian and Murphy (2014). Another contribution is that the model used allows estimating traditional oil demand elasticity in production and oil supply elasticity in spread movements, casting doubt on existing models with perfect price-inelastic output for crude oil.

An Empirical Investigation of Factors Affecting Stock Prices in Vietnam

2014 ◽  
pp. 74-89 ◽  
Author(s):  
Vinh Vo Xuan
Keyword(s):  
Exchange Rates ◽  
Crude Oil ◽  
Foreign Exchange ◽  
Stock Prices ◽  
Global Financial Crisis ◽  
Oil Prices ◽  
Foreign Exchange Rates ◽  
Factors Affecting ◽  
Crude Oil Prices ◽  
Before And After

This paper investigates factors affecting Vietnam’s stock prices including US stock prices, foreign exchange rates, gold prices and crude oil prices. Using the daily data from 2005 to 2012, the results indicate that Vietnam’s stock prices are influenced by crude oil prices. In addition, Vietnam’s stock prices are also affected significantly by US stock prices, and foreign exchange rates over the period before the 2008 Global Financial Crisis. There is evidence that Vietnam’s stock prices are highly correlated with US stock prices, foreign exchange rates and gold prices for the same period. Furthermore, Vietnam’s stock prices were cointegrated with US stock prices both before and after the crisis, and with foreign exchange rates, gold prices and crude oil prices only during and after the crisis.

Drag Reduction and Velocity Profiles Distribution of Crude Oil Flow in Spiral Pipes

2015 ◽  
Vol 9 (1) ◽  
pp. 1 ◽  
Author(s):  
Yanuar Yanuar ◽  
Kurniawan T. Waskito ◽  
Gunawan Gunawan ◽  
Budiarso Budiarso
Keyword(s):  
Drag Reduction ◽  
Crude Oil ◽  
Velocity Profiles ◽  
Oil Flow

NIGERIA: DELTA OIL EXPLORATION POLITICS AND THE PORTRAYAL OF BRUTAL IMPACT IN YERIMA’S HARD GROUND

2020 ◽  
pp. 21-34
Author(s):  
Uche-Chinemere NWAOZUZU ◽  
Ifeanyichukwu ABADA ◽  
Emeka ANIAGO
Keyword(s):  
Crude Oil ◽  
Niger Delta ◽  
Critical Analysis ◽  
Interdisciplinary Approach ◽  
Oil Exploration ◽  
Political Structure ◽  
Hidden Agenda ◽  
Fault Lines

This study presents an interdisciplinary approach towards a critical analysis of some impacts of crude-oil exploration in Niger Delta and polemics of viable conϐlict resolution framework. This approach involves analysis of Ahmed Yerima’s creative portrayal in Hard Ground which revolves around the variables activating conϐlicting emotional interests in matters concerning ‘black gold’ in Nigeria, and how these variables resonant in debates and demands for Nigeria’s polity restructuring because of perceived resource mismanagement. More so, our scope includes an analytical attempt at illuminating elaborately our interpretation of the dimensions to the loud and shrewd inclinations subsuming what some see as solution to the lingering conϐlict, and the suppositions explaining why others see the debates and demands on polity restructuring as dark convoluted ploys aimed at hidden agenda. Hence, through select theories of victimhood, this study attempts to elucidate on the variables propelling conϐlicting emotional interestsabout oil exploration in Niger Delta, by looking interpretively hard and deep on the perspectives, views and suppositions deϐining the ideologies and inclinations propelling them. In the end, this study notes that the disenchantments and troubles with Nigeria’s polity framework and structure as it relates to oil exploration in Niger Delta are subsumed in Hard Ground’s creativecontribution as a means of assessing the points to the fault-lines that characterize the subsisting socio-political structure upon which Nigeria stands and wobbles.

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