The impact of volatile crude oil prices on M&A in the oil industry
Journal Title: Notitia - časopis za održivi razvoj - Year 2016, Vol 2, Issue 1
Abstract
The aim of this paper is to perform statistical analyses and identify the impact of volatility in crude oil prices with respect to the value and number of M&A in the oil industry and to identify the extent to which M&A market lags in responding to changing oil prices. Given the limited public access to data on M&A in the oil industry, the study focused on the upstream and global oil industry in general. Nonetheless, the results of the study remain indicative. Ongoing future research should also research other business segments to measure the exposure of oil industry segments to changing oil prices.
Authors and Affiliations
Martina Sopta, Marija Uremović
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