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  • 标题:End of the Line
  • 本地全文:下载
  • 作者:Rabah Arezki ; Per Magnus Nysveen
  • 期刊名称:Finance and Development
  • 印刷版ISSN:0015-1947
  • 电子版ISSN:0145-1707
  • 出版年度:2021
  • 期号:6
  • 语种:English
  • 出版社:International Monetary Fund
  • 摘要:After a pandemic and a price war sent petroleum prices tumbling in 2020, they are again on the rise. A new oil price super cycle—an extended period during which prices exceed their long-term trend—seems to be in the making, driven by pervasive supply shortages from the lack of investment that has continued since the 2014 collapse in oil prices and, more recently, reduced investment in shale oil production; and demand growth triggered by a strong recovery in countries such as China, a big stimulus package in United States, and global optimism about vaccines.
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