Butzen, P.; Melyn, W.; Zimmer, H. - In: Economic Review (2007) II, pp. 29-45
of oil and most metals reached record levels, and their real prices reached the highest level in many years. The recent … production and refining capacity. This made the oil price sensitive to every event that had a negative influence on the oil … supply, such as the recurrent geopolitical tensions. In recent years, economic growth and inflation in the oil …