1.

Record Nr.

UNINA9910139567403321

Autore

Moors Kent F

Titolo

The Vega factor [[electronic resource] ] : oil volatility and the next global crisis / / Kent Moors

Pubbl/distr/stampa

Hoboken, New Jersey : , : Wiley, , 2011

ISBN

1-118-07709-1

1-119-20010-5

1-283-37477-3

9786613374776

1-118-07707-5

Descrizione fisica

1 online resource (445 p.)

Collana

THEi Wiley ebooks

Classificazione

BUS022000

Disciplina

338.2/3282

Soggetti

Petroleum products - Prices

Petroleum industry and trade

Petroleum reserves - Political aspects

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 305-420) and index.

Nota di contenuto

The Vega Factor: Oil Volatility and the Next Global Crisis; Contents; Preface; Chapter 1: The Meaning of Oil Vega; Chapter 2: How Oil Volatility Relates to Strategic Risk; Chapter 3: Determining Oil Prices; Chapter 4: Dollars, Credit, Financial Crises, . . . and the Oil Connection; Chapter 5: Oil Companies and the Upstream/Downstream Tradeoff; Chapter 6: How Government Action Increases Volatility; Chapter 7: Is There a Response?; Appendix A: World Proved Oil Reserves (Billion Barrels); Appendix B: Exxon CARM per Gallon (January 3, 2000 to December 31, 2007)

Appendix C: Exxon ARM per Gallon (January 3, 2000 to December 31, 2007)Appendix D: Shell CARM per Gallon (January 3, 2000 to December 31, 2007); Appendix E: Shell ARM per Gallon (January 3, 2000 to December 31, 2007); Appendix F: BP CARM per Gallon (January 3, 2000 to December 31, 2007); Appendix G: BP ARM per Gallon (January 3, 2000 to December 31, 2007); Notes; About the Author; Index

Sommario/riassunto

"How oil volatility is affecting the global political scene, and where the oil market is heading The world is rapidly moving towards an oil



environment defined by volatility. The Vega Factor: Oil Volatility and the Next Global Crisis takes an in-depth look at the most important topics in the industry, including strategic risk, why traditional pricing mechanisms will no longer govern the market, and how the current government approaches have only worsened an already bad situation. Details the industry's players, including companies, traders, and governments Describes the priorities that will need to be revised, and the policies needed to achieve stability Explains how today's oil market is fundamentally different from the pre-crisis market Oil prices affect everyone. The Vega Factor explains the new international oil environment of increasing consolidation and decreasing competition, and reveals how consumers and investors can navigate price volatility and new government policies"-- Provided by publisher.