Guidi, M. G. D. , Russell, A. and Tarbert, H. (2007) The efficiency of international oil markets in incorporating US announcements during conflict and non-conflict periods. Petroleum Accounting and Financial Management Journal, 262(2), pp. 67-86.
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Abstract
World oil demands have been forecast to grow by 60% by 2030. This increasing demand, coupled with decreasing reserves, means that access to future oil supplies will be of enhanced concern to western governments from both a military and a political perspective. The ongoing conflict in Iraq, with its consequent impact on oil price rises and volatility, may be testimony to this concern. This article assesses the efficiency of international oil markets to assimilate US announcement information during conflict and non-conflict periods over an extended period of time.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Tarbert, Professor Heather and Guidi, Dr Marco |
| Authors: | Guidi, M. G. D., Russell, A., and Tarbert, H. |
| College/School: | College of Social Sciences > Adam Smith Business School > Accounting and Finance College of Social Sciences > Adam Smith Business School |
| Journal Name: | Petroleum Accounting and Financial Management Journal |
| Publisher: | Institute of Petroleum Accounting |
| ISSN: | 1554-2904 |
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