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Paints and pigments – high crude oil prices affecting margins


Publisher
Elsevier Science
Year
2005
Weight
34 KB
Volume
2005
Category
Article
ISSN
1364-5439

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Forecasting short-run crude oil price us
✍ Michael Ye; John Zyren; Joanne Shore 📂 Article 📅 2006 🏛 Elsevier Science 🌐 English ⚖ 211 KB

Since inventories have a lower bound or a minimum operating level, economic literature suggests a nonlinear relationship between inventory level and commodity prices. This was found to be the case in the short-run crude oil market. In order to explore this inventory-price relationship, two nonlinear