Jun 2015
Author(s): Espinasa, Ramón; Sucre, Carlos
This technical note discusses the changes in the price of crude oil that occurred in the second half of 2014 and the price dynamics of the first half of 2015. It shows that from 2011 till the first…
Dec 2014
Author(s): Balza, Lenin; Espinasa, Ramón
Oil producers small enough to be price takers without barriers to investment or production should have reacted positively to the fourfold price increase after 2002. The seven largest Latin American…