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)
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.