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Uncertainty and the price for crude oil reserves.

By: Considine, Timothy J; Larson, Donald F.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1996Subject(s): Pricing | Crude oil -- Prices. -- Crude oil -- PricesSummary: This paper applies a general model of inventory pricing to petroleum inventories and generates an empirical model of the returns to storage for petroleum markets.
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This paper applies a general model of inventory pricing to petroleum inventories and generates an empirical model of the returns to storage for petroleum markets.

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