Sources for “What influences the price of oil?”

Return to the sources index

Reference in text Source – name Source – details Source – link Retrieved on
EIA proved oil reserves, oil reserves by country and oil reserves by region and year and consumption and discoveries EIA International Energy Statistics EIA – retrieved Nov 2015 http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=5&pid=57&aid=6 11/25/2015
BP proved oil reserves and Brent crude prices and consumption BP World Energy Outlook BP – 2015 http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html 11/25/2015
OPEC proved oil reserves and production and consumption OPEC – Annual Statistical Bulletin OPEC – 2015 http://www.opec.org/opec_web/static_files_project/media/downloads/publications/ASB2015.pdf 11/25/2015
BP include natural gas liquids in its definition of oil Global Oil Production Substantially Lower Than Believed Peak Oil – Jun 2015 http://peakoil.com/production/global-oil-production-substantially-lower-than-believed 12/21/2015
2014 was a poor year for oil and gas discoveries (HIS) Discoveries of new oil and gas reserves drop to 20-year low The Financial Times – Feb 2015 http://www.ft.com/cms/s/0/def8d8f4-b532-11e4-b186-00144feab7de.html 12/21/2015
OPEC only increased proved reserves by 0.2% OPEC – Annual Statistical Bulletin OPEC – 2015 http://www.opec.org/opec_web/static_files_project/media/downloads/publications/ASB2015.pdf 11/25/2015
Oil was stored Will Full Storage Tanks Crash The Price Of Oil? Forbes – Dec 2015 http://www.forbes.com/sites/michaellynch/2015/12/16/will-full-storage-tanks-crash-the-oil-price/ 12/21/2015
keep wells going or lose leases U.S. oil ‘strippers’ maneuver to keep pumping amid crude slump Reuters – Jan 2016 http://www.reuters.com/article/us-oil-markets-stripperwells-idUSKBN0UI0D220160104?feedType=RSS&feedName=businessNews 1/31/2016
Business Insider (Citi Group) Here Are The Breakeven Oil Prices For Every Drilling Project In The World Business Insider – Dec 2014 http://uk.businessinsider.com/citi-breakeven-oil-production-prices-2014-11 12/21/2015
UK median wages Annual Survey of Hours and Earnings, 2014 Provisional Results Office of National Statistics – Nov 2015 http://www.ons.gov.uk/ons/rel/ashe/annual-survey-of-hours-and-earnings/2015-provisional-results/stb-ashe.html 11/25/2015
WTI prices Petroleum and other liquids spot prices EIA – retrieved Nov 2015 http://www.eia.gov/dnav/pet/pet_pri_spt_s1_a.htm 11/26/2015
WTI price 2014 Short-term energy outlook EIA – Nov 2015 http://www.eia.gov/forecasts/steo/report/prices.cfm 11/26/2015
UK inflation CPI Consumer Price Indices – RPI annual percentage change: 1988 to 2015 ONS – Nov 2015 http://www.ons.gov.uk/ons/rel/cpi/consumer-price-indices/october-2015/tsd-consumer-price-indices-october-2015.html 11/25/2015
US inflation CPI urban consumers CPI Detailed Report Bureau of Labor Statistics – Jan 2015 http://www.bls.gov/cpi/cpid1501.pdf 11/25/2015
UK GDP growth GDP growth (annual %) World Bank – database http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG 11/25/2015
Global oil consumption BP World Energy Outlook BP – 2015 http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html 11/25/2015
List of developing nations Table A2. Advanced Economies: Real GDP and Total Domestic Demand1 IMF – 2011 https://www.imf.org/external/pubs/ft/weo/2011/02/pdf/tables.pdf 11/25/2015
Population by country Population, total World Bank – database http://data.worldbank.org/indicator/SP.POP.TOTL 11/26/2015
Population of Taiwan Economy Profile 2016 Taiwan, China The World Bank – 2015 http://espanol.doingbusiness.org/data/exploreeconomies/taiwan-china/~/media/giawb/doing%20business/documents/profiles/country/TWN.pdf 11/26/2015
Population of Hong Kong Economy Profile 2016 – Hong Kong SAR, China The World Bank – 2015 http://www.doingbusiness.org/data/exploreeconomies/hong-kong-china/~/media/giawb/doing%20business/documents/profiles/country/HKG.pdf 11/26/2015
China used more cement in three years than the US used in 100 How China used more cement in 3 years than the U.S. did in the entire 20th Century The Washington Post – Mar 2015 http://www.washingtonpost.com/blogs/wonkblog/wp/2015/03/24/how-china-used-more-cement-in-3-years-than-the-u-s-did-in-the-entire-20th-century/ 12/21/2015
prediction quote It’s Difficult to Make Predictions, Especially About the Future Quote Investigator – Oct 2013 http://quoteinvestigator.com/2013/10/20/no-predict/ 12/30/2015