The turn of the millennium ushered in a period of relative oil price stability, likely due to implementation of the OPEC oil price band mechanism in 2000. 2004 began a period of increased volatility and a surge in prices…
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The turn of the millennium ushered in a period of relative oil price stability, likely due to implementation of the OPEC oil price band mechanism in 2000. 2004 began a period of increased volatility and a surge in prices…