Rue de la Banque no. 12: The fall in oil prices in 2014: the role of supply and demand components

By Delle Chiaie Simona

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The price of oil plunged in the second half of 2014, falling by more than 40% from June to December 2014. Within this oil price fall, the author disentangles effects stemming from oil supply shocks and global demand shocks, as well as effects due to oil-specific demand components related to changes in market expectations.

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Rue de la Banque no. 12: The fall in oil prices in 2014: the role of supply and demand components
  • Published on 10/02/2015
  • EN
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Updated on: 05/04/2017 17:37