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Oil & Gas Australia | Technology & Innovation
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Technology & Innovation

Bull whip effect in the oil and gas industry

By Vinodkumar Raghothamarao, Director Consulting, Energy Wide Perspectives & Strategy, IHS Markit EMEA BETWEEN the 1940’s to 1970’s, the average annual price of oil fluctuated within a 6.5 % band, but from 1980’s until the last few years the variation


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