Oil price swings

Journal article

The big oil price swing that occurred in 2007–9 has worried governments from oil-exporting and -importing countries. The main fact is well known. The price of WTI as it arises in the New York futures exchange (NYMEX) increased to an unprecedented height of more than $140 per barrel in early July 2008, and then collapsed in a free fall to a low of $32.40 per barrel in December 2008, less than six months later.

Authors: Mabro, R

• Publication status: Published
• Peer review status: Peer reviewed
• Publisher: Oxford Institute for Energy Studies
• Journal: Oxford Energy Forum
• Volume: 79
• Pages: 5-8
• Publication date: 2009-11-01
• Edition: Publisher's version
• ISSN: 0959-7727
• Language: English
• Keywords: OIES