Monday, June 13, 2011

UNCTAD: Oil Prices and Maritime Freight Rates: An Empirical Investigation

April 2010

The technical report by the UNCTAD secretariat assesses the effect of oil prices on maritime freight rates for containerized goods and two particular commodities, iron ore and crude oil.The results are of particular interest in view of increasing oil supply constraints expected over the coming decades which may lead to significant increases in oil prices, possibly to levels which have not yet been reached.

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