In the case of India, industrial production, exchange rate, oil consumption, investment in oil, import of oil and demand for oil by the transport sectors have a significant effect on the prices of crude oil. In
OPEC+ is an international alliance of crude oil exporters that negotiates export quotas for members in an attempt to influence global supply. One reason crude oil prices can be volatile is that supply and demand are relatively inelastic, that is they're slow to respond to price signals, requir...
Conformance control gel treatments have been proven to be effective in mitigating this problem and in reactivating oil production in brown fields. Understanding the most important factors that control the performance of gel treatment represents a priority for the optimization process and should be ...
World crude oil prices, exchange rate, interest rate, broad money supply and annual rainfall variables were incorporated in inflation model in Nigeria [6]. In Nigeria, Bawa et al. (2016) showed lag of inflation and lag of money supply as main factors in the inflation model [7]. ...
Elasticity analysis was conducted to determine how big the response of household carbohydrate-source food consumption to changes in prices and income was. Elasticity is formulated as follows: Own-price elasticity: (13) Eii=yii−βiwiwi−1.Eii=yii−βiwiwi−1. Cross-price elasticity: (14...
The factors revealing changes in crude oil has been subject of analysis. In this paper the literature review of the relevant studies have been enclosed. This review tries to sum up the macro economic factors causing volatility in crude oil prices. The goal of this review is to provide ...
The researchers have also used the reports of the World Gold Council, Reserve Bank of India among others to figure out the development and the movement of the price of gold and the factors affecting the same. The time frame for reviewing the research is last decade wherein the researchers ...
The results showthat Gold prices, US dollar to Indian Rupee exchange rate, and Crude oil prices are positivelycorrelated albeit a negative relationshipclearly emerges with the Rate of Inflation, long run interest rates in the US and their Real GDP.Dr. Rahul Bishnoi...
Many factors can affect inflation level directly or indirectly but focusing on the dynamics of the labor market, technological developments, and oil prices as supply-side variables affecting inflation enables a focused investigation of important drivers in the economic supply chain. These particular facto...
It is characterized by multiple long-term complications affecting almost every system in the body and often leads to blindness, heart and blood vessel disease, stroke, kidney failure, amputations, and nerve damage [4]. Diabetic patients who present with foot ulceration are associated with many ...