Background: The Petroleum Products Distribution Company in Anbar Governorate is responsible for securing and distributing petroleum products to various sectors, including transportation, agriculture, industry, and households, through over 100 gas stations. The company has faced significant...

Petroleum products are used across the entire economy in every country. Gasoline and diesel are the primary fuels used in road transport. Oil is used in power generation, accounting for eleven percent of total electricity generated in Africa in 2007. Adequate and reliable supply of transport...

The paper reviews recent developments in the pass-through of international to domestic petroleum product prices, in the different fuel pricing regimes, and in fuel subsidies in a range of emerging market and developing economies. The main finding of the paper is the limited price pass-through in...

We review and synthesize the empirical evidence on several factors related to petroleum product prices: (1) the general distributional characteristics of petroleum product prices; (2) the influence of refinery outages, extreme weather, and similar circumstances on product prices; (3) the way...

We review a large body of the empirical literature focusing on the relation between petroleum product prices and oil prices and discuss the evidence on the direction of causality between crude oil prices and petroleum product prices. In addition, we survey the literature on the much-debated...

This paper reviews Ghana's recent experience on downstream petroleum products pricing and deregulation and looks at its implications for the nation's energy security. The Government of Ghana in June 2015 put in place a deregulation policy that had the expectation of allowing marketers and...

This article focused on detailed analysis Of trade transactions within Nigeria's petroleum products market. It was aimed at developing theses which could be constituted into vibrant theoretical framework to support oil subsidy removal policy of the federal government. Study was designed as a...

Quantitative trading in oil based markets are investigated over 2003-2010, with focus on WTI, Brent, heating oil and gas oil. A total of 861 spreads are considered. A novel optimal statistical arbitrage trading model is applied, with generalised stepwise procedures controlling for data snooping...