Developments of Oil Stocks and their Impact on Oil Prices in the Global Energy Markets

1Ahmed Jassim Al-Yasiri, Maan Abood Ali, Raed Saiad Ali, Hasan Latif K, Heider Nima Bekheet

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Abstract:

Oil stocks have been characterized by many changes during the last two decades. These changes are resulting from changes in prices on the one hand and economic fluctuations on the other hand. This study, therefore, seeks to identify the most important types of oil stocks, as well as developments in the size of these stocks, and then its impact on global oil prices. Besides, the role of these stocks in stabilizing the global oil market will be touched upon..

Keywords:

Development of oil stocks, Impact on oil process, Global Energy Markets

Paper Details
Month4
Year2020
Volume24
IssueIssue 7
Pages8885-8893