العوامل الأساسية لتوازن أسواق النفط في ظل المنافسة السعرية

Abstract EN

Oil markets had experienced volatility on an unprecedented scale during the financial crisis.

This report brings some clarity to the debate on the causes behind oil price volatility by reviewing the evidence that supports them.

The report finds that market fundamentals on their own do not explain the recent rise and fall of oil prices, and that financial markets, government policies and US shale oil supply all played contributing roles in exaggerating oil prices.