Kee, Weng Han (2024) Examining the factors affecting the crude oil prices in the United States. Final Year Project, UTAR.
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Abstract
This study thoroughly investigates the macroeconomic determinants of crude oil prices in the United States. The aim of this study is to understand the influence of independent variables (IV), including GDP, Inflation, Exchange Rate, Oil Supply and Oil Demand have towards the dependent variable, crude oil price. Data of these varaibles were collected and analyzed using econometric methods. The relationship of the independent variables and dependent variables were analyzed using the time series data method and Vector Error Correction Model (VECM). The findings found that DEMAND, SUPPLY, and EXC have an insignificant relationship towards crude oil price whereas INF and GDP have a significant relationship towards crude oil price. The results provide policymakers with insights into U.S. oil volatili
| Item Type: | Final Year Project / Dissertation / Thesis (Final Year Project) |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
| Divisions: | Faculty of Accountancy and Management > Bachelor of Economics (Honours) Global Economics |
| Depositing User: | Sg Long Library |
| Date Deposited: | 21 Nov 2025 00:16 |
| Last Modified: | 21 Nov 2025 00:16 |
| URI: | http://eprints.utar.edu.my/id/eprint/6435 |
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