On the Price Spread of Benchmark Crude Oils: A Spatial Price Equilibrium Model

Spatial Price Equilibrium

Formulation and Analysis of a Dynamic Spatial Price Equilibrium Model

The spatial price equilibrium model begins with the Hitchcock-Koopmans transportation problem as described by Dantzig (1963). The data for this model includes a set of suppliers I and a set of markets J , with supplies ai, demands bj, transport costs cij from supplier i to market j. Cast as a planning problem, this linear program seeks a transport schedule which minimizes the cost of supplying ...

Daqing Crude Oil Price Forecast Based on the ARIMA Model

Oil is the lifeblood of the industrial economy, oil prices are affected by many factors. China is a major industrial country, changes in the price of oil will affect many aspects of economic development, and therefore the price of crude oil research is extremely important. In this paper, monthly average prices of crude oil in Daqing from January 2000 to December 2010 are utilized to do the rese...

Crude Oil Price Determinants

Based on monthly observations, I specify an econometric model capturing the driving forces behind the crude oil price series in recent years. A large set of covariates, such as supply and demand variables as well as futures market variables, is used to test the impact on the crude oil price. Current price movements are a result of scarce refining capacity and speculators betting on higher price...

an application of equilibrium model for crude oil tanker ships insurance futures in iran

با توجه به تحریم های بین المملی علیه صنعت بیمه ایران امکان استفاده از بازارهای بین المملی بیمه ای برای نفتکش های ایرانی وجود ندارد. از طرفی از آنجایی که یکی از نوآوری های اخیر استفاده از بازارهای مالی به منظور ریسک های فاجعه آمیز می باشد. از اینرو در این پایان نامه سعی شده است با استفاده از این نوآوری ها با طراحی اوراق اختیارات راهی نو جهت بیمه گردن نفت کش های ایرانی ارائه نمود. از آنجایی که بر...