OPEC and the Oil Market /
This paper studies the historical importance of OPEC for oil price fluctuations. An event-study approach is used to identify the effects of OPEC announcements on oil price fluctuations. Results show that price volatility is higher than typical around OPEC meetings. Also, members' compliance, a...
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| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2022.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2022/183 |
| Onderwerpen: | |
| Online toegang: | Full text available on IMF |