Causality in crude oil prices

References

• Bahree , B and Gold , R . 2006 . Saudi heavy oil may help in global energy crunch . The Wall Street Journal Europe , 24 : 1 – 2 .
   Google Scholar
• BBC (2008) Oil's USD100 milestone was a surprise, BBC News, pp. 1–2. Available at http://news.bbc.co.uk/1/hi/business/7169543.stm (accessed 15 January 2008).
   Google Scholar
• Bentzen , J . 2007 . Does OPEC influence crude oil prices? Testing for co-movements and causality between regional crude oil prices . Applied Economics , 39 : 1375 – 85 .
   Web of Science ®Google Scholar
• Energy Information Agency (2006) OPEC brief, Country Analysis Briefs, March, 1–2. Available at http://www.eia.doe.gov/cabs/opec.html (accessed 1 October 2008).
   Google Scholar
• Ewing , B and Harter , C . 2000 . Co-movements of Alaska North Slope and UK Brent crude oil prices . Applied Economics Letters , 7 : 553 – 8 .
   Web of Science ®Google Scholar
• Fattouh , B . 2006 . Middle East crude pricing and the Oman crude oil futures contract: a critical assessment . Oxford Energy Comment , August : 1 – 7 .
   Google Scholar
• Fattouh , B . 2007 . WTI benchmark temporarily breaks down: is it really a big deal? . Oxford Energy Comment , April : 1 – 8 .
   Google Scholar
• Granger , C . 1969 . Investigating causal relations by econometric models and cross-spectral methods . Econometrica , 37 : 424 – 38 .
   Web of Science ®Google Scholar
• Gülen , S . 1999 . Regionalization in the world crude oil market: further evidence . The Energy Journal , 20 : 125 – 39 .
   Web of Science ®Google Scholar
• Horsnell , P . 1990 . Oil price differentials: markets in disarray . The OIES Series of Papers on Gulf and World Oil Issues , 3 : 1 – 42 .
   Google Scholar
• James , T . 2007 . Energy Markets , Singapore : John Wiley & Sons .
   Google Scholar
• Johansen , S and Juselius , K . 1990 . Maximum likelihood estimation and inference on cointegration with applications to the demand for money . Oxford Bulletin of Economics and Statistics , 52 : 169 – 210 .
   Web of Science ®Google Scholar
• Kaufmann , RK , Dees , S , Karadeloglou , P and Sánchez , M . 2004 . Does OPEC matter? An econometric analysis of oil prices . The Energy Journal , 25 : 67 – 90 .
   Web of Science ®Google Scholar
• Lin , SX and Tamvakis , MN . 2004 . Effects of NYMEX trading on IPE Brent crude futures markets: a duration analysis . Energy Policy , 32 : 77 – 82 .
   Web of Science ®Google Scholar
• Mabro , R , Bacon , R , Chadwick , M , Halliwell , M and Long , D . 1986 . The Market for North Sea Crude Oil , Oxford , , UK : Oxford Institute for Energy Studies .
   Google Scholar
• Maddala , G and Wu , S . 1999 . A comparative study of unit root tests with panel data and a new simple test . Oxford Bulletin of Economics and Statistics , 61 : 1 – 631 .
   Google Scholar
• Manning , D . 1991 . Petrol prices oil price rises and oil price falls: some evidence for the UK since 1972 . Applied Economics , 23 : 1535 – 41 .
   Web of Science ®Google Scholar
• Montepeque , J . 2005 . Sour crude pricing: a pressing global issue . Middle East Economic Survey , 48 : 1 – 42 .
   Google Scholar
• OPEC . 2005 . Monthly Oil Market Report August 2005 , Vienna, Austria : OPEC .
   Google Scholar
• Osterwald-Lenum , M . 1992 . A note with quantiles of the asymptotic distribution of the maximum likelihood cointegration rank test statistics . Oxford Bulletin of Economics and Statistics , 54 : 461 – 72 .
   Web of Science ®Google Scholar
• Phillips , P and Ouliaris , S . 1990 . Asymptotic properties of residual based tests for cointegration . Econometrica , 58 : 165 – 93 .
   Web of Science ®Google Scholar
• Rehaag , K . 1999 . Disappearing benchmarks: the demise of marked indexed pricing . Energy Prices and Taxes , 4 : 1 – 11 .
   Google Scholar
• Sarantis , N and Stewart , C . 1999 . Is the consumption–income ratio stationary? Evidence from panel unit root tests . Economics Letters , 64 : 309 – 314 .
   Web of Science ®Google Scholar
• Weiner , R . 1991 . Is the world oil market ‘one great pool’? . Energy Journal , 12 : 94 – 107 .
   Google Scholar
• Wilkinson , R . 2004 . WEC: Brent crude challenged as oil price benchmark . Oil and Gas Journal , 120 : 24
   Google Scholar