Analysis of oil market fundamental using a system dynamics approach

It is intended to construct a system dynamics model in the thesis to understand how the world oil market would react to various disturbances.

Download Citation | Analysis of oil market fundamental using a system dynamics approach | An unexpected substantial reduction of oil price since June 2014 ...

Analysis of oil market fundamental using a system dynamics approach

Analysis of oil market fundamental using a system dynamics approach. Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, ...

SPE-184040-MS A System Dynamics Approach on Oil Market ...

difficult to understand through a simple data analysis approach. In our paper, we study the major events in different sides of the oil ...

System Dynamics Modeling for Petroleum Exploitation Using the ...

The purpose of this study is to provide an overview, how to make a system dynamics model related to the problem of oil drilling as an increasingly limited ...

A System Dynamics Approach on Oil Market Modeling with ...

In this paper, based on the system dynamics methodology, we provide an updated model of the supply and demand of the oil market to explain the market trends.

A conceptual framework for the oil market dynamics: A systems ...

In this article, using a systems approach, a conceptual framework is developed to demonstrate various (economic and financial, technological, ...

The Price of Oil: A System Dynamic Approach - Proceedings

Before presenting the model we briefly review the events that took place in the oil market. 1970s and 1980s. Organisational Environments, page ...

(PDF) A conceptual framework for the oil market dynamics

It is shown that unilateral (and univariate) analyzes is not sufficient in oil market dynamics analysis and systems approach should be applied. To do so, a ...

Supply and Demand Dynamics of the Oil Market - Proceedings

The system dynamics methodology with its unique facilities, proves itself to be a very successful approach in modeling the market changes, particularly, for.

An inquiry into the structure and dynamics of crude oil price using ...

The identification of the temporal scales related to market activities is crucial for understanding the dynamics of international crude oil prices. Standard ...

Energy policy and oil prices : system dynamics approach to ...

The pattern of global oil demand, real oil price, and world economy in the future is studied through system dynamics modeling. Based on the simulation, ...

The modern global oil market under stress - Open Research Online

Keywords: Oil price, oil price volatility, oil demand, climate change, climate action, fossil fuels, scenario analysis, system dynamics. Page 3. Section 1: ...

Analysis and forecasting of crude oil price based on the variable ...

In recent years, the crude oil market has entered a new period of development and the core influence factors of crude oil have also been a ...

How do oil prices and investments impact the dynamics of firm value?

The study develops a system dynamics model that integrates the financial and operational activities of oil firms. The simulation results reveal ...

A Predictive Model for Oil Market under Uncertainty - IDEAS/RePEc

In this paper, we propose a system dynamics model that incorporates expectational variables in determining the oil price. In our model, the oil price is ...

Holistic Oil Field Value Management - jstor

system dynamics modelling to date in the oil industry, examines the ... System Ezquiry--A Svsteun Dynamics. Approach. WJiley: Chichester, UK. 3 Price ...

Oil Market Dynamics through the Lens of the 2002-2009 Price Cycle

which became, and remains, the primary method for pricing crude oil in international trade. The. Page 7. 5 market related system is based on ...

Unconventional energy resources: a system dynamics evaluation of ...

This research uses the system dynamics (SD) methodology to examine the impact of shocks in oil demand using real and theoretical scenarios. This ...

How do oil prices and investments impact the dynamics of firm value?

Downloadable! The purpose of this study is twofold: (i) to analyze the impact of investment policy decision on the firm value given the uncertain oil and ...