obstacles to integration are highlighted: ?Limited trade complementarity induced by excess reliance on oil and lagged …

The current study examines the relationship between the world oil price and aggregate demand in a developing country …, Ghana, via the interest rate channel by means of cointegration analysis. Results of the study indicate that oil price - by … initially eased in response to a surge in the price of oil in order to lessen any growth consequences, but at the cost of higher …

becoming terrorists when representing regions rich in oil. This effect is enhanced for groups already enjoying regional …

The shelf of Black sea is rich to the lid posits of oil. The estimation of the reserves of the hydrocarbons only of … western part of the Ukrainian shelf composes of 3,5 trln. tons of standard fuel, the oil-bearing sections of the Russian and … Turkey shelf can contain to 1 billion tons of oil each. Tens of millions of tons of oil will be yearly obtained and …

In this paper we investigate the time-varying relationship between oil and natural gas in the UK. We develop a model … endogenously accounts for periods where oil and natural gas temporarily decouple due to gas specific pricing. We show that gas … the time of the year. Most of the reversion back to oil occurs in spring and summer when demand for gas to heating and …

In this paper we estimate a dominant firm-competitive fringe model for the crude oil market using quarterly data on oil … indicate that world GDP is the main driver of long-run oil prices, however, supply (depletion) factors have become more …