Oil – The Earth’s blood, a paper on how to recover its critical declining prices by using a hedge vaccine through a leading core of countries termed as VIRUS

Gabriel Cazotto ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper introduces the description of whom are the main concerns about the currently and critical decline of oil prices, and how this countries, named as VIRUS, could turn out to be a “vaccine” into resulting on a hedge to correct and return to economic viable prices on the commodity. It uses as methodology the acceptance of five main regions or countries as the main characters on the supply and demand of crude oil globally, using a hedge through observation of old prices through a sextic polynomial equation to determine the price to be used into an econometric equation to forecast the hedge price scenario that could help the recovery of the global oil prices at mid-term, taking also into consideration a possible decline over the shale gas demand of the USA due environment question over fracking

Keywords: crude oil prices; oil demand and supply; main oil producers; financial hedge; hedge price forecast. (search for similar items in EconPapers)
JEL-codes: C53 F62 F64 Q21 Q40 Q43 (search for similar items in EconPapers)
Date: 2015-07-01
New Economics Papers: this item is included in nep-ene
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