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The World Oil Market – Statistical Analysis

Author

Listed:
  • Begu Liviu-Stelian

    (Academia de Studii Economice Bucuresti, Cibernetica, Statistica si Informatica Economica)

  • Gagea Mariana

    (Alexandru Ioan Cuza University of Iasi, Faculty of Economics and Business Administration)

  • Alexandru AnaMaria

    (Academia de Studii Economice, Bucuresti, Cibernetica, Statistica si Informatica Economica)

Abstract

For some countries the oil is the main source of income, while for others it represents the main raw material for energetic needs. Thus, the oil price has major influence on their economies and it is important for them that it stabilizes at a level profit

Suggested Citation

  • Begu Liviu-Stelian & Gagea Mariana & Alexandru AnaMaria, 2009. "The World Oil Market – Statistical Analysis," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(1), pages 632-637, May.
    • Handle: RePEc:ora:journl:v:2:y:2009:i:1:p:632-637
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    More about this item

    Keywords

    world oil market; comparative analysis; OPEC; G8;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development

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