Fahad Bin Sultan University

College of Business & Management

Managerial Economics (MBA 525)
Spring 2017-2018
Dr. Ahmed Alrefai

Case Study # 3
Oil market is a very dynamic one, where demand and supply are
crucial determinants of oil prices. The attached files are
extracted from two reports (Oil Price Dynamics Report, Federal
Reserve Bank of New York, Feb 5, 2018 and OPEC Monthly Oil
Market Report, 13 Nov, 2017). Read them carefully and use
your knowledge of supply and demand to:
1. Analyze the Demand and Supply fluctuations
2. Analyze the market price
3. Your expectations for 2018 oil prices

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