The determinants of crude oil prices: the case of Malaysia / Norfaziera Othman
This research investigates the determinants that influence the price of crude oil in Malaysia. The study used Ordinary Least Square (OLS) method to determine significant relationship between dependent variable and independent variables, covering data in monthly periods which are from January 2009 un...
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| Format: | Thesis |
| Language: | English |
| Published: |
2017
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/93731/1/93731.pdf https://ir.uitm.edu.my/id/eprint/93731/ |
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| Summary: | This research investigates the determinants that influence the price of crude oil in Malaysia. The study used Ordinary Least Square (OLS) method to determine significant relationship between dependent variable and independent variables, covering data in monthly periods which are from January 2009 until December 2016. This study used three independent variables that affect the crude oil prices in Malaysia which are exchange rate, Malaysia oil production and world crude oil price. The studies have found there is negatively significant relationship between exchange rate and Malaysia oil production. Therefore the world crude oil prices show the positively significant relationship toward crude oil prices in Malaysia. |
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