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Analysis of oil price behavior in the short term and long term based on the strategy of producers
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Seyyed Abdollah Razavi   |
| PhD in Economics, Energy Economics, Ferdowsi University of Mashhad, Associate Professor, Petroleum University of Technology, Tehran Faculty of Petroleum, Iran , srazavi@put.ac.ir |
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Abstract: (469 Views) |
The strategy are in the planning of oil price changes in the short and long term. Therefore, producers should seek to analyze the behavior of crude oil prices in the short and long term in order to adjust their plans. the price level in the oil market is associated with high fluctuations, many producers in the market seek to reduce exchange risk. This article aims to analyze the behavior of oil prices in the short and long term in the use of producers in planning, for this purpose it uses the data of the daily series in 2013-2021. It shows that, in the long term, suppliers can plan themselves in the analysis of price behavior instead of financial factors as fundamental financial factors, in a situation where in the short term, producers have more financial impact than fundamental factors in analyzing the behavior of global price to markets.
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| Keywords: oil price, financial market, oil producer, fundamental factors |
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Full-Text [PDF 1162 kb]
(275 Downloads)
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Type of Study: Research |
Subject:
Management
Received: 2022/11/8 | Accepted: 2023/01/17 | Published: 2023/05/5
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