OPEC. One would expect the benefits of cartel membership to be positively related to the size of remaining reserves, while … econometric analysis indicates that larger reserves and lower consumption are positively associated with OPEC membership. On the …

Despite the adherence to the commitments according to the OPEC+ deal on the joint efforts to cut production, during … the back of stabilized world crude oil prices. Collapse of the OPEC+ deal has created risks for the outbreak of the price …

multiple periods of decoupling. OPEC meetings increase the correlation in the short run. Secondly, linear l1-trends reveal that … long-term movements of WTI and Brent are driven by the same dynamics, confirming the `one great pool' hypothesis. OPEC …

This paper studies the historical importance of OPEC for oil price fluctuations. An event-study approach is used to … identify the effects of OPEC announcements on oil price fluctuations. Results show that price volatility is higher than typical … around OPEC meetings. Also, members' compliance, a proxy for credibility, has strongly fluctuated over time. An ordered …

expanding a model for crude oil prices to include refinery utilization rates, a non-linear effect of OPEC capacity utilization …