Taming the oil price

Belleh Fontem has devised a mixed-integer, non-linear programme that considers multiple inputs into the volatile world of oil prices and commodity stock trading, and the complexities of the risk facing brokers and their clients in terms of oil prices.

For the foreseeable future, the world will need oil, but its price volatility makes buying and selling it a challenge for producers and the myriad manufacturers who need it. For brokers who sit in the middle of such transactions, finding the optimal price and the number of clients to spread their risk is one of their biggest challenges. Belleh Fontem, […]

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The archaeology of political corruption in Nigeria

Nigerian flag, painted on a wall

The research of Arno Boenner focuses on political corruption in Nigeria, widely regarded as a major issue. The analysis of this topic, however, often neglects to explore the role played by imperialism. Dr Boenner considers whether there is a causal connection between colonialism and political corruption, before offering an ethics based form of governance as a potential solution. By applying […]

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Energy futures: A new equilibrium model for resource extraction and investment decisions

Prof David’s equilibrium model considers the investment decisions made by oil producers.

Increasingly sophisticated technologies developed in the current century to extract natural resources from costlier fields have changed the current and expected futures prices of resources, with important consequences for energy self-sufficiency and economic growth stability. In a recent paper, Alexander David, Professor of Finance at the Haskayne School of Business, University of Calgary in Canada, develops a new model that […]

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