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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Bibliografiska uppgifter
Huvudupphovsman: Pescatori, Andrea
Övriga upphovsmän: Nazer, Yousef
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2022.
Serie:IMF Working Papers; Working Paper ; No. 2022/183
Ämnen:
Länkar:Full text available on IMF