In this paper the relationships between crude oil and refined product prices are investigated in a multivariate framework. This allows us to test several (partly competing) assumptions of earlier studies. In particular, we find that the crude oil price is weakly exogenous and that the spread is constant in some but not all relationships. Moreover, the multivariate analysis shows that the link b...

In this study a fully polarimetric electromagnetic model for sea surface Mueller matrix is exploited, under low to moderate wind conditions, to design and experiment a Synthetic Aperture Radar (SAR) oil slick filter. The latter is simple and computer time effective. Experiments, accomplished over C-band Multi Look Complex (MLC) SIR-C/X-SAR data and L-band Single Look Complex (SLC) ALOS PalSAR d...

Traditional oil painting works enable the spectators to feel the various impressions because it can be shown differently by the changes of light effect. The reason of oil painting’s distinguishing feature is that it contains the texture and volume of color expressed by thickness of used pigments and brushing. In this paper, we present a novel method that reproduces oil painting-like image from ...

This paper aims to examine the impacts of oil-price shocks on China’s price levels. To that end, we develop a partial transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control, market factors and technology substitution the three main factors that restrict the functioning of a price pass-through mechanism during oil-price shock...

Dynamic viscosities of a number of vegetable oils (castor oil, palm oil, sunflower oil and coconut oil) and lubricant oils (2T and 4T) have been determined at temperature range 30 90C using Ubbelohde viscometer. An associative neural network is used to compute the viscosities of oils for unknown temperatures after training the neural network with type of oil, temperature as input and viscosity ...

Stochastic oil spill models have traditionally focussed on the production of statistics for oil on the sea surface and along shorelines. Environmental risk analyses of potential spills therefore have tended to neglect potential risks to organisms in the water column. StatMap fills this void, supplying in addition statistics on the spatial distribution of hydrocarbon concentrations in the water ...

There has been a recent resurgent interest in microalgae as an oil producer for biofuel applications. An adequate supply of nutrients and carbon dioxide enables algae to successfully transform light energy of the sun into energy rich chemical compounds through photosynthesis. A strain with high lipids, successfully grown and harvested, could provide oil for most of our process by volume, which ...

 Libya experienced a substantial increase in oil revenue as a result of increased oil prices during the period of the late 1970s and early 1980s, and again after 2000. Recent increases in oil production and the price of oil, and their positive and negative macroeconomic impacts upon key macroeconomic variables, are of considerable contemporary importance to an oil dependent economy such as that...

â â â â  libya experienced a substantial increase in oil revenue as a result of increased oil prices during the period of the late 1970s and early 1980s, and again after 2000. recent increases in oil production and the price of oil, and their positive and negative macroeconomic impacts upon key macroeconomic variables, are of considerable contemporary importance to an oil dependent economy such...