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International security and the explanations of the volatility of oil prices A geoeconomic critical analysis

Résumé : There are many explanations, such as peak oil, speculation, big “oil greed” are the main explanations. Moreover, record oil prices are due to stagnant supply (caused by institutional restrictions on production), booming demand among developing economies, and a weak U.S. dollar. The international oil security problem concerns mainly the exercise of market power by international oil exporters to raise petroleum prices. Insecurity, economic war and wars are the most important factor for the volatility of oil prices.
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http://hal.univ-grenoble-alpes.fr/hal-02132277
Contributeur : Jacques Fontanel <>
Soumis le : vendredi 17 mai 2019 - 00:46:09
Dernière modification le : vendredi 3 juillet 2020 - 16:58:33

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Jacques Fontanel. International security and the explanations of the volatility of oil prices A geoeconomic critical analysis. Conflict Management Peace Economics and Peace Science, Indira Gandhi National Open University (IGNOU), New Delhi, India, in Cooperation with Gandhi Smriti and Darshan Samiti, New Delhi, India Economists for Peace and Security,, Jan 2010, New Delhi, India. ⟨hal-02132277⟩

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