Questions tagged [oil]
The oil tag has no usage guidance.
49 questions
0
votes
0
answers
30
views
Question on the effect of oil price on inflation through exchange rate effect
In oil-exporting countries, oil price increases lead to decrease in inflation through the effect of exchange rate appreciation.
Please theoretically explain the underlying reason for this issue.
For ...
- 192
0
votes
1
answer
35
views
Serious extrapolation of oil price futures
I'm looking for sources in the Internet where I can find serious expectations / outlook on oil prices during the next 2 - 15 years.
First I searched for oil futures, because I am an old man and I have ...
- 101
0
votes
1
answer
39
views
Why did Hungary joining the E.U. cause oil prices to fall to be only marginally higher than they were in Ukraine?
Related cross-site: Were schoolteachers really paid substantially less than $45 per month in 1990s Ukraine?
This particular question is arguably on-topic on Lit.SE and History.SE as well, but I'd like ...
3
votes
1
answer
45
views
What will be the Effect of the Russian oil Price Cap
G7 countries have just announced that they will not buy oil from Russia unless the price is USD 60/barrel or below. What will be the effect of this cap- will it be an effective economic sanction? Why ...
- 1,368
2
votes
0
answers
22
views
What is the difference between "Weekly Supply Estimates" and "Weekly U.S. Field Production of Crude Oil"
This may sound very redundant and simple to some, but what is the actual difference between the reported Crude Oil Domestic Production "Weekly Supply Estimates&...
- 121
3
votes
0
answers
48
views
Why have gas prices gone up so much recently? [duplicate]
Gas prices are soaring. Russia cant have this much influence on the world economy, or can it? Maybe it is due to a post COVID recession?
- 131
1
vote
2
answers
68
views
Can increasing oil prices cause decreasing automobile prices?
oil prices are increasing recently due to war and some other reasons. Also i live in a country with exchange rate of 17 againist US Dollars and its getting worse day by day. i drive an old car , ...
- 13
1
vote
1
answer
82
views
Why has France been hit so hard by rising petrol prices?
The recent surge in petrol prices in the West has been explained away by the war in Ukraine and the sanctions imposed on Russia by Western countries, most notably on oil.
However not all countries ...
4
votes
0
answers
37
views
How much of gas prices can be tied to refinery profit margins?
US President Biden wrote a letter (widely reported, but I can't find an official' copy; see here for full text) blaming fat refinery profit margins for the recent (January-June) rise in gasoline ...
- 175
1
vote
1
answer
316
views
Why do E85 prices track gasoline prices?
It's easy to understand why, as the Ukraine war disrupts global oil markets, gasoline prices are rising. What puzzles me is that E85, which is at most 49% gasoline, rises the same amount. It seems ...
0
votes
1
answer
47
views
India buying Russian Oil at discounted rate but why price hike?
I am hearing that the Indian government is buying Russian oil at an all time high on discounted rate . Technically, the price of petrol diesel should go down in India . However ,I've heard that price ...
2
votes
0
answers
71
views
Effect of green energy on petro dollar system
US economy in part related to petrodollar system where all oil from Saudi to be traded in US dollars there by creating demand for dollars. What happens to this system and its impacts when world ...
- 129
0
votes
1
answer
22
views
Fuel prices spot vs forward
The commodities market is , for the most part, a forward one. How come then prices of gasoline in gaz stations jump almost overnight whenever a geopolitical tension arises?
- 113
0
votes
1
answer
70
views
Who pays the current price of oil?
(Please let me know if this question belongs somewhere else.)
I understand the price of crude oil is set by a multitude of factors so this question should be very simple, I just can't find it anywhere....
- 111
2
votes
1
answer
294
views
Why are the gas prices so high in the US and why does it depend on OPEC+?
I've been reading these days a lot of discussions between people on the internet concerning the hikes in gas prices. I then read many articles about this, and the opinions are really different, and ...
- 21
0
votes
1
answer
26
views
Effect on price of sudden oil supply drop
If tomorrow the supply of oil dropped 5, 15, 25% … etc how much would the price per barrel increase?
I would be happy with even a rough estimate but I would like some kind of justification.
The ...
- 101
1
vote
1
answer
64
views
Oil prices forecast methods
Oil prices have a significant impact on the world economy, positive for exporters and negative for importers to oversimplify a bit.
They are also known to be highly volatile, and depend on hard to ...
- 246
1
vote
1
answer
33
views
Why would oil suppliers choose a lower priced contract?
The West Texas Intermediate (WTI) futures contract has ranged from \$6 to \$20 in the last 48 hours. The May Shanghai International futures contract is 205 Yuan (CNY). At 7 CNY per USD, that comes ...
- 113
0
votes
1
answer
178
views
Why didn't other oil pricing benchmarks such as Brent go negative?
This question is asking why the oil (in this case, WTI) price is negative.
While I think I have broadly understood why WTI collapsed, I don't really understand why other oil pricing benchmarks didn'...
- 103
74
votes
5
answers
18k
views
Why is the oil future price negative?
I don't understand why the price of oil futures went negative today.
News say it is because sellers cannot sell it. But, why don't they just hoard it until the coronavirus crisis is off?
Why don't ...
- 1,344
0
votes
1
answer
23
views
Why could boasting oil during the current drop in oil demand be good for Saudi Arabia?
According to Bloomberg :
Saudi Arabia is one of the few countries in the world that can boast crude production that’s profitable in the current environment. But the kingdom’s economy is at risk, ...
- 121
0
votes
1
answer
44
views
Low oil price and impact
Today I read an artcicle about the falling oil price (maybe it'll go under 30$ per barel the next days). Why is this a bad news? Lower oil price can give an advantage for a higher productivity.
- 103
1
vote
3
answers
285
views
Why is oil being traded in U.S. dollars?
I am trying to understand the concept of money,forex, depreciation of currency,devaluing,...(just the basic stuff). While I was reading about why oil is being traded in U.S. dollars, on the internet, ...
- 53
2
votes
1
answer
86
views
How exactly did Venezuela's economy fail?
Venezuela has unfortunately become the example of a first-world, wealthy democracy failing, and I'd like to make sure I understand why.
My understanding comes down to a few major steps, namely:
...
1
vote
0
answers
13
views
Can the effect of different prices of gasoline at different gas stations be measured?
I am looking for studies in which the effect on demand of different prices of gasoline at different gas stations in the same area is measured or estimated (on the same day or hour).
This question ...
5
votes
2
answers
426
views
Was the 2008 financial crisis caused more by the US subprime mortgage lending or more by an international energy and oil pricing crisis?
I recently read The Big Short by Michael Lewis in which the depiction of the role of subprime mortgage lending in the US and then run away speculation on CDOs are shown to be the central and primary ...
- 51
2
votes
0
answers
47
views
Will there be any significant impact if oil was priced/traded in another currency other than USD?
There is an abundance of conspiracy theories online that the USD is propped up in part by the fact that oil is traded in USD, and that countries which think about allowing trades in a different ...
1
vote
2
answers
69
views
Crude oil price changing factors
I tried to summarize my thoughts about oil price changes, and try to understand the next weeks.
Will decrease price:
OPEC output is higher every month, increasing supply.
interest rates goes up, ...
- 155
-1
votes
1
answer
101
views
Would a very cheap renewable energy source be harmful economically?
This question is not on whether these devices work or not but so much as if they did work. What if electricity can be made so cheap that everyone could afford it ti the point there was no demand for ...
- 1
2
votes
1
answer
40
views
Why does a lack of pipelines cause Canadian crude oil to trade at a discount compared to US crude oil?
There is an ongoing political battle in Canada about the proposed expansion of the Kinder Morgan Trans Mountain pipeline.
One argument in favour of the expansion that is repeated by just about every ...
- 121
1
vote
1
answer
41
views
Oil price decreases due to supply decrease?
I am reading this article on the Financial Times: Oil prices hit as US gulf coast faces hurricane
If the production of oil is forecast to decrease, that means the supply would decrease. Surely the ...
- 113
5
votes
1
answer
923
views
Simple model to predict oil prices
Back when Hugo Chavez was still alive (former leader of Venezuela), he said they made "simulations" to predict how much oil prices will increase if they retire the supply of oil they were giving to ...
- 545
2
votes
0
answers
24
views
Oil prices and data frequency
Does higher frequency data have a larger effect on next day crude oil prices than data with lower periodicity?
Looking at demand and supply indicators for crude oil, such as opec / non-opec ...
- 121
1
vote
1
answer
46
views
How to measure expected price growth rate for oil?
How can someone measure the expected annual price growth rate for oil?
Also, where can I find past annual price growth rate for oil values?
Any help would be appreciated.
- 5,121
2
votes
0
answers
35
views
Falling oil prices but no benefits passed on to the end user; government's strategy
Even though the oil prices have fallen rapidly in the recent years, the cost of petroleum products hasn't gone down in India.
Apart from raising more revenue, what are the other benefits the ...
- 213
0
votes
1
answer
61
views
How are petro states able to maintain gasoline subsidies without black market export smuggling?
I don't understand how petro states can have crazy low gasoline prices without smugglers exporting the gasoline and selling it elsewhere.
For example, in Venezuela the domestic price of gasoline is ...
- 1,728
3
votes
1
answer
97
views
Crude oil benchmarks and production places
I discovered recently that there are 3 main price indicators for crude oil (used by the IMF): WTI, Dubaï, and UK Brent. If I understand correctly, each place trades some specific kind of oil (with ...
- 708
0
votes
1
answer
61
views
Saudi Arabia motivations for OPEC production cut
I'm wondering whether one of Saudi Arabia's principle motivations for supporting OPEC production cuts is so that the price of crude oil will increase and so Saudi Aramco, Saudi's state-owned oil ...
- 101
4
votes
2
answers
409
views
How helpful is Hotelling's Rule in determining the price of oil?
After posting this question, I realized that there was quite a bit of controversy surrounding the use of Hotelling's Rule to estimate the price of oil. Participants on this site seemed to be evenly ...
- 2,898
5
votes
1
answer
88
views
Why were petroleum product prices increasing in India in 2016, despite countervailing trends in the international oil market?
Crude oil price is decreasing in the international market. But in India, the price of petrol and diesel is gradually increasing. Why?
Hailey
3
votes
3
answers
207
views
Russian ruble drop in value due to low oil prices
http://www.americanactionforum.org/research/impact-falling-oil-prices-russian-financing/
Based on the above article, the author states that "For budgeting, this favors the oil exporter, because a ...
- 31
1
vote
1
answer
50
views
Which elements to forecast/estimate Oil/Pretroleum derivatives, would you consider?
I mean, if you had to forecast the price or production volumes of polyethylene or polyurethane, for example, which elements would you include to the model, in addition to oil crude prices/volumes?
...
- 111
4
votes
1
answer
85
views
Why is oil price increasing in May 2016
Why is the oil price and correspondingly the down and midstream company stock prices are increasing in May 2016, when
The economic data across the world in weak
China's economy is
sluggish. They had ...
- 367
4
votes
1
answer
111
views
OPEC's market share strategy: What is the benefit of market share in a fungible market?
Coverage of the recent fall in oil prices frequently mentions OPEC's decision to defend their market share, sacrificing price in the process. I understand how market share is important from a ...
- 43
8
votes
6
answers
627
views
Why do falling oil prices take stocks with it?
The price of oil fell again today and is now below $30/barrel for the first time in 12 years. Along with the fall came most of the US stock markets. If I didn't know any other information except for "...
- 261
12
votes
5
answers
1k
views
What is the reasoning behind the sharp fall of oil prices starting in mid 2014?
Things I have considered:
Poor economic conditions around the world could have caused an unpredicted decrease in demand. The resulting surplus has begun driving prices down.
This could be ...
- 2,911
7
votes
1
answer
709
views
How successful will OPEC's predatory dumping strategy be?
Since the fracking industry in the US has started to grow rapidly, I have heard increasing reports that OPEC is attempting some form of predatory dumping in the hopes of making the fracking industry ...
- 2,898
8
votes
2
answers
640
views
What benefits do OPEC countries obtain by cutting oil supply?
It is unclear to a economic novice like me why OPEC is not cutting down production and raising oil prices. I have read several journalists commenting upon this on the internet but perhaps an economist ...
user1445
8
votes
3
answers
735
views
What is the impact of fracking on oil prices?
I read an article about the recent fall of gas prices in the US claiming that the fall in gas prices was due to the expansion of fracking within the US. The article said that, over the past few ...
- 2,898