This note combines and distills existing and new research to inform discussion on the topical policy issue of oil prices. Following four years of relative stability at around $105 per barrel (bbl), oil prices have declined sharply since June 2014 and are expected to remain low for a considerable period of time. The drop in prices likely marks the end of the commodity supercycle that began in the early 2000s. Since the past episodes of such sharp declines...
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INFORMATION
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2015/03/01
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Document de travail (série numérotée)
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94725
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1
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1
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2015/12/10
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Disclosed
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The great plunge in oil prices : causes, consequences, and policy responses
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oil price
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