We use a novel approach to identify how OPEC-related events affect oil price uncertainty. We introduce a newspaper article count variable related to OPEC that rises in response to important OPEC meetings, as well as political upheaval and terrorist attacks in OPEC countries. The variable is...

Osama Bin Laden, the leader of Al Qaeda, the organization widely held responsible for September 11,2001 attacks on World Trade Center, said in a 1998 interview that he believed that Oil Prices, then trading at around $11 a barrel should ideally trade at around $144 a barrel. Oil touched around...

Oil markets, technologies, and policies constantly evolve at different times and places. Also, processes surrounding oil, the energy transitions and inter-fuel competition are related to the nature of the interaction between monopolies, states and the free-market and that these are not linked in...