Predatory oil prices and commercial storage capacity: pattern of non-OPEC supplies in oligopoly market conditions

dc.contributor.authorDaoud, Sadallah
dc.date.accessioned2023-09-11T08:18:10Z
dc.date.available2023-09-11T08:18:10Z
dc.date.issued2022-12-02
dc.description.abstractThis article attempts to illustrate major interconnections of oil market factors which drove future oil price below zero in 2020, and the implications of both stockpile conditions and exchange traded fund conduct on futures crude contract delivery. We investigated the inverse backward situation occurred in global oil market and forward agreement, and ran quantile unit root tests for spread of WTI minus Brent for better understanding the phenomena. Observation data confirmed that more over supply came from non-OPEC members’ concussion contributed in sending forward commercial contracts below zero instead than stockpile factors. Also, empirical results confirmed that storage capacity alternative values will substitute spread between current tariffs and alternative future in the global oil market.ar
dc.identifier.issn2352-9962
dc.identifier.issnE-ISSN 2572-0147
dc.identifier.urihttp://hdl.handle.net/123456789/15529
dc.language.isoenar
dc.publisherUniversity of Larbi Ben M'hidi Oum EL Bouaghiar
dc.subjectOil pricear
dc.subjectOPECar
dc.titlePredatory oil prices and commercial storage capacity: pattern of non-OPEC supplies in oligopoly market conditionsar
dc.title.alternativeالأسعار السلبية للعقود النفطية وقدرات التخزين: نمذجة إمدادات نفطية خارج الأوبك في ظروف السوق الإحتكارية المدارةar
dc.typeArticlear
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