The relationship between oil reserves and oil extraction has recently become of interest to research community. Current empirical literature lacks an identification strategy that addresses endogeneity problem. This study takes advantage of (arguably) exogenous reserves discoveries to identify the effect of size of reserves on oil production. Our findings show that although in general oil produc...

this research studies the application of hybrid algorithms for predicting the prices of crude oil. brent crude oil price data and hybrid intelligent algorithm (time delay neural network, probabilistic neural network, and fuzzy logic) were used to build intelligent decision support systems for predicting crude oil prices. the proposed model was able to predict future crude oil prices from august...

abstract: the object of this study is to extract the oil from millets and evaluate the chemical properties of the extracted oil. commercial millet oil was obtained by cold solvent extraction adopting soxhlet procedure. quantitative and qualitative tests concerned with the non-saponifiable matter, fatty acid composition, phosphorus content representing total phospholipids, refractive index, pero...

a r t i c l e i n f o A global computable general equilibrium model is used to analyze the economic impacts of rising oil prices with endogenously determined availability of biofuels to mitigate those impacts. The negative effects on the global economy are comparable to those found in other studies, but the impacts are unevenly distributed across countries/regions or sectors. The agricultural s...

the economy's dependence on oil revenues and derivatives of these products make the country's economy heavily influenced by the volatility and instability of the pricing of these products. therefore, it seems necessary to develop non-oil exports. this paper examines the causality relation and the effect of foreign direct investment, economic openness and real exchange rate on non-oil ...