ISBN: 9781119962724 - understanding oil prices: a guide to what drives the price of oil in today's markets (the wiley finance series) (8 Ergebnisse)

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Zustand: New. pp. xxv + 168 Illus., Map.

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Zustand: New. Explains that the truth behind increasingly volatile oil market is that over the years oil prices have come untethered from all classical notions of supply and demand and have transcended any country's, consortium's, cartel's, or corporate entity's powers to control them. Series: Wiley Finance Series. Num Pages: 200 pages, Illustrations. BIC Classification: KFFM1; KNBP. Category: (P) Professional & Vocational. Dimension: 233 x 154 x 19. Weight in Grams: 432. . 2011. 1st Edition. Hardcover. . . . . Books ship from the US and Ireland.…

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Hardcover. Zustand: Brand New. 2nd edition. 220 pages. 9.10x6.00x0.90 inches. In Stock.

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Zustand: New. SALVATORE CAROLLO graduated in engineering from the University of Palermo, where he also served as a lecturer and researcher. In 1975 he began working at eni both in Italy and abroad where he was active in various sectors of the petroleum downstream, refin.

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Buch. Zustand: Neu. Neuware - Oil prices have seen massive fluctuation over the past 10 years, with price per barrel growing from $9 to $140. More recently, we have seen fluctuation from $140 to $37/barrel, and back up to $120 - all in a matter of months. But why It is still a popular belief that OPEC can affect the price of oil by regulating the volume of production and using this key raw material for their political aims, but the reality is quite different. In the last decade, despite a constant potential surplus of crude in the markets, we have seen the prices fluctuating dramatically with no apparent logic.Starting from the Chernobyl accident and the Clean Air Act implementation in the US, structural changes within the oil industry have modified the dynamics of oil prices. The existing technological refining system is no longer adequate to transform, with the necessary continuity, the crude oils into the high-quality finished products demanded by the market. Furthermore, from the beginning of the year 2000, the oil futures market detached itself almost completely from its original nature (the barrel of oil), becoming a purely financial market, but still able to heavily affect the real oil prices. More sophisticated models are needed to understand this new scenario.This book thoroughly demystifies the oil market, showing readers what really moves the price of oil today. It provides a comprehensive analysis of the industry fundamentals and the role of financial speculation, illustrating the complexity of the relationship of three different markets that regulate the oil sector: the crude oil market (raw material), the finished products market (gasoline, diesel, jet fuel, fuel oil, chemical feedstocks, lubricants), and the financial market (futures). It will provide an excellent grounding in the topic for anyone involved or interested in the oil markets, including financial analysts, traders, investors and energy market participants.…