VOL. XLIV

No 30

23-July-2001

Does Oil Price VolatilityMatter?

By Robert Mabro

The following is the text of an article written by ProfessorRobert Mabro,Director of the OxfordInstitute for Energy Studies (OIES), for the OIES Monthly Comment (which can befound on the OIES web site http:www.oxfordenergy.org). Reprinted withpermission.

There are different kindsof oil price movements. The first case, which today is only of historical interest,arises when oil prices in international trade were...