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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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2022.
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Серія: | IMF Working Papers; Working Paper ;
No. 2022/183 |
Предмети: | |
Онлайн доступ: | Full text available on IMF |