دور النفط الصخري و الاتفاق النووي الإيراني في استقرار أسواق النفط

Abstract EN

Throughout 2008, world oil markets experienced volatility on an unprecedented scale.

While crude oil prices shot up to almost $150 per barrel then they came plunging down to close to $40 per barrel.

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.