This round of price adjustment of domestic refined oil was started on August 23 and 24. The fifth consecutive fall in the retail price of domestic refined oil were realized as scheduled. Since 2022, the price of refined oil has been adjusted 15 times, and there have been 10 times of incre...
Oil price shocks and domestic inflation in Thailanddoi:10.2139/ssrn.2578836Komain Jiranyakul
sectors. This reduction in costs could be passed on to the consumer. Greaterdiscretionary incomefor consumer spending can further stimulate the economy. However, now that the United States has increased oil production, low oil prices can hurt U.S. oil companies and affect domestic oil industry ...
The US Retail Gas Price is the average price that retail consumers pay per gallon, for all grades and formulations. Retail gas prices are important to view in regards to how the energy industry is performing. Additionally, retail gas prices can give a good overview of how much discretionary ...
Price instability manifested as price uncertainty is shown to inhibit domestic potential competitors' substitution activities, being analogous to a tax imposed on domestic firms by the dominant oil-exporters. This tax analogue of price uncertainty is in distinction to the mutual gain scenario of ...
Moreover, the negative relationship between oil uncertainty and stock prices in a global vector-autoregressive model for a set of 26 advanced and developing countries considered together covering 90% of the world’s Gross Domestic Product (GDP) has been validated [16]. Given that in-sample tests...
Moreover, China’s industrial expansion has entailed a structural change to its economy and boosted exports, but at the same time, industrial expansion has also increased China’s oil consumption and domestic GDP. China’s industrial expansion has created a severe trade imbalance due to an ...
As of 1 October 2024, the energy price cap is £1,717 a year for a “typical household”. This will stay in place until 31 December. But Ofgem has just announced that the price cap will be increasing slightly in the new year: a rise of 1.2% to £1,738 per year. This slightly...
refineries have increased production of crude oil to record levels, also raising the price of WTI. Meanwhile, expedited crude transport in the U.S. put downward pressure on Brent crude oil as domestic crude replaced some imported Brent crude. Between 2014 and 2016, UK Brent prices dropped ...
At 24:00 on the 18th, a new round of price adjustment window for domestic refined oil products will open. According to the general agency, this round of retail prices may run aground for the second time in 2024.The translation is provided by third-party software. The above content is for...