Skip to main navigation Skip to main content Skip to page footer
WWT3 Sitepackage WWT3 Sitepackage

Working Paper

Crude Oil Price Fluctuations and Saudi Arabian Behaviour

Kiel Working Papers, 1014
Download

Authors

  • De Santis
  • R.A.

Publication Date

JEL Classification

D58 F13 Q40

Key Words

Computable General Equilibrium

Crude oil prices

export quota

OPEC countries

OPEC Länder

This study seeks to explain why crude oil prices fluctuate, the main cause being the quota regime, which characterises the OPEC agreements. Given that the Saudi oil supply is inelastic in the short term, a shock in the oil market is accommodated by an imm

More Publications

Topics

  • Aerial view of an African village, solar-powered well in the center

    © Prabuddha / Adobe Stock

    Africa

  • man on street

    © Christie Kim on Unsplash

    China

  • Two women inspect a solar panel

    © Stefano Paltera / U.S. Dep. ESD, CC BY-ND 2.0

     

    Climate and Energy

Research Center

Cookie Extension Logo