The 2015 workshop on “Recent evolutions of oil and commodity prices”, organized by FEEM, focused on the sharp decline in the oil price in 2014. High crude oil production and slower demand growth explain a large fraction of the current low level of prices, but a complex set of factors is responsible. In light of these events, forecasting the price of oil is challenging and requires composite information: accurate forecasting models are able to predict this. The decline in price is reflected in an increase in oil price volatility and uncertainty, which have relevant implications on the real economy

Bashiri, N., Bastianin, A., Bortolussi, E., Conti, F., Manera, M., Nicolini, M. (2015). Current issues on the price of oil: decline, forecasting, volatility and uncertainty. REVIEW OF ENVIRONMENT ENERGY AND ECONOMICS [10.7711/feemre3.2015.07.001].

Current issues on the price of oil: decline, forecasting, volatility and uncertainty

Bastianin, A;MANERA, MATTEO;
2015

Abstract

The 2015 workshop on “Recent evolutions of oil and commodity prices”, organized by FEEM, focused on the sharp decline in the oil price in 2014. High crude oil production and slower demand growth explain a large fraction of the current low level of prices, but a complex set of factors is responsible. In light of these events, forecasting the price of oil is challenging and requires composite information: accurate forecasting models are able to predict this. The decline in price is reflected in an increase in oil price volatility and uncertainty, which have relevant implications on the real economy
Articolo in rivista - Contributo a Forum/Dibattito, Introduzione
Oil Price Decline, Forecasting, Volatility, Uncertainty
English
2015
open
Bashiri, N., Bastianin, A., Bortolussi, E., Conti, F., Manera, M., Nicolini, M. (2015). Current issues on the price of oil: decline, forecasting, volatility and uncertainty. REVIEW OF ENVIRONMENT ENERGY AND ECONOMICS [10.7711/feemre3.2015.07.001].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/97278
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