Breakpoints time location and main events in crude oil price history
| TA | Crude oil price history event | |
|---|---|---|
| Date | Point | |
| 15 Sep 98 | 183 | 1999: Thailand, Indonesia and South Korea recover from the 1997 financial crisis |
| 05 Dec 00 | 299 | 2000: CFMA, Housing market boom |
| 03 Jun 03 | 429 | 2003 March: War in Iraq |
| 06 Mar 07 | 625 | 2006 Feb: Breakdown of oil production due to Nigeria attacks 2008: Global financial crisis |
| 19 Oct 10 | 814 | 2010: Global debt crisis |
| 14 May 13 | 948 | 2014: Strong production in the USA and Russia |
| TA | Crude oil price history event | |
|---|---|---|
| Date | Point | |
| 15 Sep 98 | 183 | 1999: Thailand, Indonesia and South Korea recover from the 1997 financial crisis |
| 05 Dec 00 | 299 | 2000: CFMA, Housing market boom |
| 03 Jun 03 | 429 | 2003 March: War in Iraq |
| 06 Mar 07 | 625 | 2006 Feb: Breakdown of oil production due to Nigeria attacks |
| 19 Oct 10 | 814 | 2010: Global debt crisis |
| 14 May 13 | 948 | 2014: Strong production in the USA and Russia |
Source(s): Personal elaboration on Datastream (2021), Kilian and Park (2009), Hamilton (2009a, b) and McGuire (2015)