Question
1)Structure Matters: Oil Markets Enter the Adelman Era. This article talks about different aspects of the Oil structure market and it provides a framework that
1)Structure Matters: Oil Markets Enter the Adelman Era.
This article talks about different aspects of the Oil structure market and it provides a framework that explains the oil price fluctuations that have occurred over the past years. One of the analyses the author shows us that the oil structure had raised prices charged to consumers. This article will help me to analyze the oil industry structure. (Verleger, 2015)
2)How do international stock markets respond to oil demand and supply shocks?
The author found out that oil supply reductions around the world do not affect stock returns in any of six OECD countries. And that a global demand consistently raises oil prices and cumulative stock returns. This article will help me to understand the supply and demand for oil around the world and analyze it and found out a relationship with the oil market structure. (Guntner, 2014)
3)Partial equilibrium modeling of world crude oil demand, supply, and price.
This article is in reference to OPEC, where it mentions that OPEC members changed their collaboration after 2010-2015 statistics, it seems that OPEC strategy was mixed, and the reason that the price collapse in 2015 was that OPEC cartel structure weakened. (Masoumzadeh, 2017)
4)Does OPEC matter? An econometric analysis of oil prices.
What the author share in this article is about the relationship between real oil prices, OPEC capacity utilization, OPEC quotas, OECD stocks of crude oil. And how all these variables are based on prediction with real oil prices, but the real oil prices don't predict these variables. (Kaufmann, 2004)
5)About technical terms of oil shale and shale oil.
This article talks about the terminology for oil shale and shale oil. The author mentions that oil shale is when it has the presence of kerogen that is where the oil is obtained with thermal treatment when the oxygen is absent. And shale oil is the main product for oil shale thermal process. This article will help me to understand the difference between oil shale and shale oil and have a better idea of what the assignment is going to talk about. (Reinsalu, Aarna, 2015)
6)What is going on in the oil market?
According to the article the speculators accommodate adjusting the inventory levels when there is reversin on oil price and it is expected an inventories return. (Brevik F, 2004)
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