The Divorce between Brent and the Oil Prices

Salvatore Carollo
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Salvatore Carollo: eni Trading & Shipping Senior Advisor, London

Review of Environment, Energy and Economics - Re3, 2012

Abstract: For some years now, the price of oil has been out of control. None of the industry players are able to set the price level or influence its movement. Some consumers still believe that the oil price is determined within the context of the power balance between producers and consumers, but since the end of 1998, no one has been able to forecast the oil price correctly.

Keywords: Oil; Price (search for similar items in EconPapers)
Date: 2012
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