Crude Oil Price Movements and Determinant Factors: A Historical Overview

2013 ◽  
Author(s):  
Niaz Bashiri Behmiri ◽  
José Ramos Pires Manso
Keyword(s):  
Crude Oil ◽  
Oil Price ◽  
Historical Overview ◽  
Crude Oil Price ◽  
Determinant Factors ◽  
Price Movements

Crude oil price movements and their impact on South Africa

2006 ◽  
Vol 17 (4) ◽  
pp. 25-32 ◽  
Author(s):  
JC Nkomo
Keyword(s):  
South Africa ◽  
Crude Oil ◽  
South African ◽  
Oil Price ◽  
Supply Management ◽  
Crude Oil Price ◽  
The South ◽  
Starting Point ◽  
Price Movements ◽  
Oil Pricing

The purpose of this paper is to examine crude oil price movements and their impact on South Africa. A useful starting point is understanding the factors that have played a prominent role in influencing oil pricing. For this reason, I begin by focusing on OPEC producing countries and the challenges these countries face with supply management. After considering domestic oil pricing and accounting for fluctuations in crude oil price movements, I examine the domestic impact of oil price changes on the South African economy.

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