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The present paper investigates whether Greek gasoline prices respond symmetrically to changes in international oil … gasoline prices to international oil price changes turns out to be asymmetric. This finding shows that the suppliers of … gasoline tend to reduce their retail prices slowly when international oil prices fall, but increase them faster when …
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Crude oil popularly known as black gold is one among the vital energy resources throughout the world and with the rapid economic development the crude oil demand among the Asian countries has been rising rapidly, where in this perspective Asian countries form to a large chunk of crude oil...
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