Title
The effect of OPEC production allocations on oil prices
Document Type
Article
Publication Date
2008
Abstract
This paper provides an analysis of oil pricing and supply through an examination of production allocations in conjuction with an investigation of unlagged and optimally lagged relationships between key weekly (reported daily) crude oil price series interacting with OPEC prices and price changes. With crude oil prices at record highs, high inflation in developing countries and the onset of systematic risk in global financial markets, the major global players should well remember the impact of oil supply interference of the late 1980s early 1990s on global financial stability.
Recommended Citation
Simpson, J., "The effect of OPEC production allocations on oil prices" (2008). University of Wollongong in Dubai - Working Paper Series. Paper 6.
http://ro.uow.edu.au/dubaiwp/6
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Publication Details
This working paper was originally published as Simpson, J, The effect of OPEC production allocations on oil prices, University of Wollongong in Dubai, Working Paper Series WP 80/2008, June 2008.