Upstream and Downstream Hydrocarbon prices: Crude oil to Plastics

The research focuses on the dynamics between the prices of crude oil and various refined product such as diesel, petroleum, petrochemical, intermediaries, polymers and plastics. The aim is to model these dynamics by using modern econometric and statistical tools to assess whether prices are influenced by upstream input costs and/or downstream demand. This research extends the modelling techniques and literature on the economics of downstream hydrocarbon markets regionally and globally. The outcomes will benefit energy economists in academia and industry by providing strategies for managing price risk, particularly in the petrochemical, plastics and polymers markets.