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Étiqueté : oil price declines

Textes

The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses

The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses / John Baffes, M. Ayhan Kose, Franziska Ohnsorge, and Marc Stocker. Washington DC : World Bank, March 2015, 61 p. (Policy Research Note No.1) www.worldbank.org/content/dam/Worldbank/Research/PRN01_Mar2015_Oil_Prices.pdf Presentation (© World Bank) : Following four years of...

Textes

Understanding the Decline in the Price of Oil since June 2014

Some observers have conjectured that oil supply shocks in the United States and in other countries are behind the plunge in the price of oil since June 2014. Others have suggested that a major shock to oil price expectations occurred when in late November 2014 OPEC announced that it would maintain current production levels despite the steady increase in non-OPEC oil production…