The Vega factor : oil volatility and the next global crisis /

Moors, Kent F., 1948-

The Vega factor : oil volatility and the next global crisis / Kent Moors. - Hoboken, New Jersey : John Wiley & Sons, Inc., 2011. - xii, 431 p. : ill. ; 24 cm

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

The meaning of Oil Vega -- How oil volatillity relates to strategic risk -- Determinig oil prices -- Dollars, credit, financial crises, ... and the oil connection -- Oil companies and the upstream / downstream tradeoff -- How government action increases volatility -- Is there a response?.

"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"--

9780470602089 (hardback)

2010053515


Petroleum products--Prices.
Petróleo--Precios.
Petroleum industry and trade.
Industria del petróleo.
Petroleum reserves--Political aspects.
Reservas de petróleo
20150300

HD 9560.4 / M825v 2011

338.2/3282