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Recent disconnects in the crude oil price and inventory relationship.

Publication: International Advances in Economic Research
Publication Date: 01-NOV-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Recent disconnects in the crude oil price and inventory relationship.(Research Notes)

Article Excerpt
Prior to 2004, crude oil price was predictable by using relative inventories and the Organization of the Petroleum Exporting Countries'(OPEC) excess production capacity ["A Forecasting Model for Monthly Crude Oil Spot Price," International Journal of Forecasting, vol. 21, no. 3, 2005; "Short-Run Crude Oil Price and Surplus Production Capacity,"...

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