New evidence for super cycles in oil and coal
Abdel M. Zellou presented his preliminary research findings on “Super Cycles in Energy Commodities: Applications to Coal and Crude Oil.” Zellou began by explaining the background and goals of his research. “What pushed me… in looking into super cycles in energy commodities is skepticism about super cycles in the first place and skepticism in finding super cycles in oil prices due to the structure of the oil market.” He chose to take a closer look at both the oil and coal markets because oil has no competitive market and coal has always had a competitive market. Zelou explained, “This lack of a competitive [oil] market made us skeptical about finding supercycles in the oil market.”