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Are Skyrocketing Oil Prices justified by Fundamentals? CEPS ECMI Commentary #18, 15 July 2008

Cinquegrana, Piero. (2008) Are Skyrocketing Oil Prices justified by Fundamentals? CEPS ECMI Commentary #18, 15 July 2008. [Policy Paper]

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    Abstract

    This ECMI Commentary by Piero Cinquegrana considers the phenomenon of the six-fold increase in oil prices over the last seven years and asks whether this massive increase is justified by fundamentals or is the result of a speculative frenzy in commodities driven by bear markets in bonds and stocks.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    EU policies and themes > Policies & related activities > energy policy (Including international arena)
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > ECMI Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 20 Apr 2009
    Page Range: p. 4
    Last Modified: 17 Oct 2014 15:36
    URI: http://aei.pitt.edu/id/eprint/9410

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