• Linkedin
  • Twitter
  • Rss

Oil, Gas & Energy Law

Skip navigation

Oil, Gas & Energy Law

Global Energy Law & Regulation Portal

Join OGELFORUM

Oil, Gas & Energy Law

Global Energy Law & Regulation Portal

  • Sign in
  • Subscribe
  • Home
  • Sign in
  • About About
    1. Home
    2. About
    3. About OGEL
    4. About OGEL
    5. Founding Editor T.W. Wälde
    6. T.W. Wälde
    7. Editorial team
    8. Editorial team
    9. Contributing Authors
    10. Contributing Authors
    11. Subscriptions
    12. Subscriptions
  • Journal Journal
    1. Home
    2. Journal
    3. Browse Issues
    4. Browse
    5. Articles by Category
    6. By Category
    7. Articles by Author
    8. By Author
    9. Advance publication
    10. Advance publication
    11. Specials
    12. Specials
    13. Search
    14. Search
    15. Book reviews
    16. Reviews
  • Legal & Regulatory docs. L & R docs
    1. Home
    2. Legal & Regulatory docs.
    3. L&R by Country
    4. L&R by Country
    5. L&R by Category
    6. L&R by Category
    7. L&R recent additions
    8. L&R recent additions
    9. Search
    10. Search
  • OGELFORUM OGELFORUM
    1. Home
    2. OGELFORUM
    3. About OGELFORUM
    4. About OGELFORUM
    5. Browse archive
    6. Browse by date / topic
    7. Search
    8. Search
    9. Join
    10. Join
  • News & Events Events
    1. Home
    2. News & Events
    3. News
    4. News
    5. Events
    6. Events
  • OGEL Studies OGEL Studies
    1. Home
    2. OGEL Studies
    3. About OGEL Studies
    4. About OGEL Studies
  • Subscribe
Home > Journal

Why have oil prices increased in recent months?

  • Sign in
  • Table of contents
  • In this category
  • Suggested citation
A.F. Alhajji
Alhajji, A.F.

Article from: OGEL 1 (2006), in Global Oil Markets: A Strategic Interpretation

Introduction

Oil prices have increased by more than 15 percent since the beginning of the year. The average price of WTI increased from 56.53 in 2005 to 65.15 in the first five months of 2006. Contrary to claims by media outlets and politicians in both consuming and producing countries, most of the recent increase in oil prices has little to do with the Iranian nuclear stand off, the fear factor, or speculation. Market fundamentals of decreasing supplies and increasing demand have increased prices to new records. IEA's data indicates that while world oil demand increased by 1 mb/d between the 4th ...

To read this article you need to be a subscriber

Sign in

Forgot password?

Sign in

Subscribe

Fill in the registration form and answer a few simple questions to receive a quote.

Subscribe now

Why subscribe?

OGEL journal

Access to OGEL Journal articles (well over 3000 articles in total for Premium account holders)

Legal & regulatory

Access to Legal & Regulatory data (well over 10000 documents)

OGELFORUM

OGELFORUM membership (lively discussion platform bringing together the world's international oil, gas and energy community)

Suggested Citation

A.F. Alhajji; "Why have oil prices increased in recent months?"
OGEL 1 (2006), www.ogel.org

URL: www.ogel.org/article.asp?key=2044

Call for contributions

OGEL Call for Papers: Carbon Capture and Storage

Professor Tara Righetti and Dr. Matteo Fermeglia

  • Professor Tara Righetti
  • Dr. Matteo Fermeglia

OGEL Call for Papers: The Impact of the War in Ukraine on the Energy Sector

Agnieszka Ason, Konstantin Christie, Prof. Kim Talus

  • Agnieszka Ason
  • Konstantin Christie
  • Kim Talus

OGEL Call for Papers: Energy Market Creation: Liberalisations and Transformations

Prof. Kim Talus

  • Kim Talus

Call for Papers: OGEL Energy Law Journal 2023

Call for Papers: OGEL Energy Law Journal 2023

OGEL Editorial Team

  • More
  • Contribute

Advance publication

Addendum OGEL 5 (2022) - WTO Law on Subsidies and Local Content Rules in the Offshore Renewable Energy Sector

16 Jan 2023

V. Roeben

  • V. Roeben

The Domestication of the Principle of Permanent Sovereignty over Natural Resources in the Tanzania Petroleum Industry: The Move Towards Nationalism is it a Sovereign Right or Wrong?

10 Jan 2023

B.H. Mwashambwa

  • B.H. Mwashambwa

Towards a Common Gas Market: The Reform and Integration of the Domestic Natural Gas Markets of the Eurasian Economic Union

7 Dec 2022

S. Chikanayev

  • S. Chikanayev
  • More
  • Contribute

Stay connected

Sign up for our email alerts.

  • Issues
  • Advance publication
  • News
  • Linkedin
  • Twitter
  • RSS

Join the debate

Want to join OGELFORUM, our unique platform for oil, gas and energy issues?

Simply fill in the registration form to start your trial membership.

Download the app

  1. App store
  2. Google play

The Oil, Gas & Energy Law Intelligence (OGEL, ISSN 1875-418X) Journal and OGELFORUM listserv focus on recent developments in the area of oil, gas, energy law, regulation, treaties, judicial and arbitral cases, voluntary guidelines, tax and contracting, including the oil, gas, energy geopolitics. Read our Terms & Conditions here, and our Privacy Policy here.

About OGEL

  • Terms & Conditions
  • Contribute
  • Subscriptions
  • Contact
  • Help

Other publications

  • Transnational Dispute Management (TDM)

© 2004 - 2023. Published by MARIS.

  • Home
  • Contribute
  • Subscriptions
  • Contact
  • Help