This research main purpose is to determine the effects of oil prices in an oil exporting economy with focus on the Colombian case. First of all, it will be determined if Colombia is a net oil exporter; then, the relevance ...

This paper develops a parsimonious three-factor model of the term structure of oil futures prices that can be easily estimated from available futures price data. In addition, it proposes a new simple spreadsheet implementation ...

This paper analyses the development of spot market gas prices at the TTF gas hub from 2011 – 2014. The long run link of the gas price with the prices of the energy commodities crude oil and coal is evaluated with the ...

How have shocks to supply and demand affected global oil prices; and what are key policy implications following the resurgence of oil production in the United States? Highlights: − The recent collapse in global oil prices ...

Purpose: The article analyzes how oil price fluctuations are reflected in the management of Petróleos Mexicanos (Pemex) based on its balance sheet (BS) and particularly how oil price fluctuations affect Pemex's corporate ...