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Advancing the design of a dynamic petro-dollar currency basket

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  • Elbeck, Matt
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    Abstract

    This study offers Organization of Petroleum Exporting Countries (OPEC) member nations a crude oil pricing currency basket based on currency liquidity, in contrast with prior emphasis on OPEC trading patterns. Motivating the search for an alternative US dollar pricing of crude oil is the significant and inverse relationship (r=-0.82, p

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 38 (2010)
    Issue (Month): 4 (April)
    Pages: 1938-1945

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    Handle: RePEc:eee:enepol:v:38:y:2010:i:4:p:1938-1945

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    Web page: http://www.elsevier.com/locate/enpol

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    Keywords: Petro-dollar Dollar indexes Crude oil;

    References

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