Turner, Adair; Farrimond, Jon; Hill, Jonathan - In: Oxford Review of Economic Policy 27 (2011) 1, pp. 33-67
This paper considers price movements in the oil markets between 2003 and 2010 and seeks to explain the significant trends in this period. It notes that the oil market is by its very nature inherently volatile because of the nature of oil as a storable and exhaustible resource and the influence...