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Speculation and Oil Price Formation

Bassam Fattouh
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Bassam Fattouh: Oxford Institute for Energy Studies, St Antony’s College, Oxford University, School of Oriental and African Studies, University of London

Review of Environment, Energy and Economics - Re3, 2012

Abstract: Can the boom in oil prices be explained in terms of tightened market fundamentals? Or has the oil market been distorted by the entry of financial players? This article will try to shed light on the marked increase in volatility during the latest 2008-2009 price cycle and on the role of speculators in the oil market.

Keywords: Oil Market; Speculation (search for similar items in EconPapers)
JEL-codes: Q4 Q48 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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