Browsing Norges Banks vitenarkiv by Subject "oil price"

Now showing items 1-4 of 4

    • Oil Price Density Forecasts: Exploring the Linkages with Stock Markets 

      Lombardi, Marco J.; Ravazzolo, Francesco (Working Papers;24/2012, Working paper, 2012)
      In the recent years several commentators hinted at an increase of the correlation between equity and commodity prices, and blamed investment in commodity-related products for this. First, this paper investigates such claims ...

    • The Price Responsiveness of Shale Producers: Evidence from Micro Data 

      Aastveit, Knut Are; Bjørnland, Hilde C.; Gundersen, Thomas S. (Working paper;10/2022, Working paper, 2022)
      We show that shale oil producers respond positively to favourable oil price signals, and that this response is mainly associated with the timing of production decisions through well completion and refracturing, consistent ...

    • Quantifying time-varying forecast uncertainty and risk for the real price of oil 

      Aastveit, Knut Are; Cross, Jamie L.; van Dijk, Herman K. (Working Paper;3/2021, Working paper, 2021)
      We propose a novel and numerically efficient quantification approach to forecast uncertainty of the real price of oil using a combination of probabilistic individual model forecasts. Our combination method extends earlier ...

    • When Does the Oil Price Affect the Norwegian Exchange Rate? 

      Akram, Q. Farooq (Working Papers;8/2000, Working paper, 2000)
      Major changes in the Norwegian exchange rate have often coincided with large fluctuations in the price of crude oil. Previous empirical studies have however suggested a weak and ambiguous relation between the oil price and ...