"During 2004, oil prices reached levels unprecedented in recent years. Though world oil markets remain adequately …

on the future oil price path. The scenario analysis suggests that a return of world growth to slightly below pre …Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has …, hence, the price of the resource. A set of oil demand equations is estimated for OECD and non-OECD countries, which is then …