Oil price and its influence on European energy policy

Authors

  • L.-S. Begu Academy of Economic Studies, Bucharest, Romania
  • R. Caplescu Academy of Economic Studies, Bucharest, Romania

Keywords:

oil price, energy policy, financial crisis

Abstract

The purpose of this paper is to assess the influence of oil prices on European Energy Policy, taking into account the effects of the current financial crisis on both oil prices and European Energy Policy. To reach our aim, we made use of thorough research, combined with advanced statistical methods of analysis. The main conclusions drawn from the research undertaken show a certain determination in oil market dynamics and the current economic crisis.

Author Biographies

L.-S. Begu, Academy of Economic Studies, Bucharest, Romania

Department of Statistics and Econometrics

R. Caplescu, Academy of Economic Studies, Bucharest, Romania

Master student in Statistics and Econometrics

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Published

2010-11-24

Issue

Vol. 3(52) (2010)

Section

ECONOMIC THEORY

License

Copyright (c) 2010 Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.