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Recent developments in oil prices

Author

Listed:
  • Quint, Dominic

Abstract

Against the background of large swings in oil prices in recent months, the box assesses the key drivers of oil market developments. While demand has been relatively stable, supply factors have been the main driving force behind recent oil price volatility. JEL Classification: Q02, Q41

Suggested Citation

  • Quint, Dominic, 2019. "Recent developments in oil prices," Economic Bulletin Boxes, European Central Bank, vol. 1.
  • Handle: RePEc:ecb:ecbbox:2019:0001:1
    as

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    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2019/html/ecb.ebbox201901_01~dd4b3e4eb2.en.html
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    Citations

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    Cited by:

    1. Maitra, Debasish & Guhathakurta, Kousik & Kang, Sang Hoon, 2021. "The good, the bad and the ugly relation between oil and commodities: An analysis of asymmetric volatility connectedness and portfolio implications," Energy Economics, Elsevier, vol. 94(C).

    More about this item

    Keywords

    oil prices; OPEC; shale oi;
    All these keywords.

    JEL classification:

    • Q02 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Commodity Market
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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