Browsing Statistics Norway's Open Research Repository (SNORRe) by Subject "Oil market"
Now showing items 1-8 of 8
-
Are high oil prices profitable for OPEC in the long run?
(Discussion Papers;No. 416, Working paper, 2005)High oil prices are favourable for OPEC in the short run, but may undermine its future revenues. We search for the optimal oil price level for the producer group, using a partial equilibrium model for the oil market. The ... -
The effects of transport regulation on the oil market : does market power matter?
(Discussion papers;No. 629, Working paper, 2010)Abstract: Popular instruments to regulate consumption of oil in the transport sector include fuel taxes, biofuel requirements, and fuel efficiency. Their impacts on oil consumption and price vary. One important factor is ... -
Gains from cartelisation in the oil market
(Discussion Papers;No. 181, Working paper, 1996)In this paper we ask whether OPEC still gains from cartelisation in the oil market despite low producer prices and a modest market share. We apply two intertemporal equilibrium models of the global oil market; one consisting ... -
Industry restructuring, OPEC response – and oil price formation
(Discussion Papers;No. 511, Working paper, 2007)Abstract: Increased focus on shareholder returns, capital discipline and return on capital employed (RoACE) caused a slowdown in investment rates and production growth among international oil companies around the turn of ... -
Maximizing the discounted tax revenue in a mature oil province
(Discussion Papers;No.544, Working paper, 2008)Abstract: Using a partial equilibrium model for the global oil market, we search for the producer tax that maximizes the government’s discounted tax revenue in Norway. The oil market model explicitly accounts for reserves, ... -
The role of the Artic in future global petroleum supply
(Discussion Papers;645, Working paper, 2011)The Arctic has a substantial share of global petroleum resources, but at higher costs than in most other petroleum provinces. Arctic states and petroleum companies are carefully considering the potential for future extraction ... -
The market power of OPEC 1973-2001
(Discussion Papers;No. 385, Working paper, 2004)Abstract: We apply a multi-equation dynamic econometric model on monthly data to test if the behaviour of OPEC as a whole or different sub-groups of the cartel is consistent with the characteristics of dominant producers ... -
What are the options for non-OPEC producing countries?
(Discussion Paper;No. 26, Working paper, 1987)This paper discuss medium- and long term strategies for non-OPEC oil producing countries highly dependent on petroleum revenues. First a picture of the international oil market of the 1990s is outlined. Then we look at ...