Understanding oil prices : a guide to what drives the price of oil in today's markets /

• Main Author: Carollo, Salvatore (Author)
• Format: eBook
• Language: English
• Published: Chichester, West Sussex : Wiley, a John Wiley & Sons, Ltd., Publication, 2012.
• Series: Wiley finance series.
• Subjects: Petroleum products > Prices.; Petroleum industry and trade > History.; BUSINESS & ECONOMICS > Industries > General.; Petroleum industry and trade.; Electronic books.; History.

"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...