②Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost $26 a barrel, up from less than $10 last December.③This near-tripling of oil prices calls up scary memories of the 1973 oil shock, when prices quadrupled, and 1979-80, when they also almost tr...
In the years up to 1973 the oil market became tighter with moderate but steady increases in the oil price. Late in 1973, at the time of the Yom Kippur War, the OPEC countries took advantage of this market situation by engaging in a joint offensive to increase the price. Further price ...
For months, oil traders shrugged off any threat of a supply shock in the Middle East, betting on softening demand from China and the West, along with hopes…Saudi Arabia Warns Oil Prices Could Drop to $50 Oct 02, 2024 at 06:31 | Charles Kennedy Editor's note: The OPEC Secretariat refu...
oil shock (1973 OPEC oil crisis) + 添加翻译 英文-西班牙文字典 choque petrolero Termium conmoción petrolera Termium 显示算法生成的翻译 将“ oil shock "自动翻译成 西班牙文 错误 再试一次 Glosbe Translate 错误 再试一次 Google Translate 类似于 "oil shock" 的短语,可翻译成 西班牙文 oil ...
1.The Effects and Choices of Monetary Policy and Oil Price Shocks石油价格冲击与货币政策作用及选择 2.The Impact of Oil Shock on U.S and China s Real Exchange Rates;石油价格冲击对美国和中国实际汇率的影响 3.Oil Price Shocks,Endogenous Technological Progress and Japanese Economic Growth石油价格冲击...
Between 1973 and 1980 commercial bank loans to developing countries increased by 550%. The second oil price shock in 1979 led to global recession and imposed even more hardship on the prosperity of developing countries as the price for their oil imports rose and the price for their other ...
Since OPEC agreed to supply-cutsin March, the price of crude oil has jumped to almost $26 a barrel, up fromless than $10 last December. This near-tripling of oil prices calls up scarymemories of the 1973 oil shock, when prices quadrupled, and 1979-1980, whenthey also almost tripled....
To balance the market in the face of the coronavirus demand shock, the cuts needed to be three times as large and to happen two months earlier. In short, it was too late for OPEC+ to do anything more than lay the groundwork for stabilising the oil market once the chaos of the next ...
Norton, P.W.: Regulation, the OPEC oil supply shock, and wealth effects for electric utilities. Econ. Inq. 26, 223-238 (1988)Norton, S. W. (1988). Regulation, The OPEC Oil Supply Shock, and Wealth Effects for Electric Utilities. Economic Inquiry, 223-238....
Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost 26 a barrel, up from less than 10 last December. This near-tripling of oil prices calls up scary memories of the 1973 oil shock, when prices quadrupled, and 1979-1980, when they also almost trip...