How Long to Read An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash

How Long Does it Take to Read An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash?

It takes the average reader and 36 minutes to read An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash by Mr.Alberto Behar

Assuming a reading speed of 250 words per minute. Learn more

Description

In November 2014, OPEC announced a new strategy geared towards improving its market share. Oil-market analysts interpreted this as an attempt to squeeze higher-cost producers including US shale oil out of the market. Over the next year, crude oil prices crashed, with large repercussions for the global economy. We present a simple equilibrium model that explains the fundamental market factors that can rationalize such a "regime switch" by OPEC. These include: (i) the growth of US shale oil production; (ii) the slowdown of global oil demand; (iii) reduced cohesiveness of the OPEC cartel; (iv) production ramp-ups in other non-OPEC countries. We show that these qualitative predictions are broadly consistent with oil market developments during 2014-15. The model is calibrated to oil market data; it predicts accommodation up to 2014 and a market-share strategy thereafter, and explains large oil-price swings as well as realistically high levels of OPEC output.

How long is An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash?

An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash by Mr.Alberto Behar is 36 pages long, and a total of 9,216 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash aloud.

What Reading Level is An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash?

An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash?

An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash by Mr.Alberto Behar is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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