Fournier, Jean-Marc; Koske, Isabell; Wanner, Isabelle; … - 2013
been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and …, hence, the price of the resource. A set of oil demand equations is estimated for OECD and non-OECD countries, which is then … would be mostly driven by higher demand from non-OECD economies – in particular China and India. The expected rise in the …