Beyond Market Assumptions: Oil Price as a Global Institution

Introduces a new method for oil price determination beyond classic methods Provides an analysis that takes into account social, economic and political behaviour

Covers both theoretical and practical analysis of oil price formation and its real economic and business consequences

Contains contributions from leading researchers as well as business professionals

Introduces a new method for oil price determination beyond classic methods Provides an analysis that takes into account social, economic and political behavior Covers both the theoretical and practical analysis of oil price formation and its real economic and business consequences Includes contributions from leading researchers as well as business professionals

Auteur

Andrei Belyi, editor of the volume, is an Adjunct Professor in Energy Law and Policy at the University of Eastern Finland. He directs consultancy activities via Balesene OU, a firm based in Estonia and specialised in energy markets and technologies. Andrei Belyi has an extensive research experience in hydrocarbon markets and he has advised oil firms, governments and international organisations. His recent publications include a monograph 'Transnational Gas Markets and Euro-Russian Energy Relations' and a co-authored edited volume 'States and Markets in Hydrocarbon Sectors'.

Contenu

Institutional Theory and Oil Prices: Ceci est ne pas un Marché.- The Oil Price and Resource-Society Interaction.- Oil, between monopolies and free market.- Is OPEC dead? Oil Exporters, the Paris Agreement and the Transition to a Post-Carbon World.- Petroleum Conspiracies: How Russian policymakers seek meaning in oil price volatility.