The Effect of Oil Prices on Export Development in Iranian Oil Products Distribution Company (Tehran Area)
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The most important role of the oil sector is providing over 80 percent of foreign exchange earnings. Therefore irrefutable reliance in various economic sectors to meet its import needs so that reduce the hard currency earnings from exports of crude oil, thereby unfavorable foreign exchange situation and thus reduce imports of intermediate and capital imports and decreasing the drop in production. This descriptive-correlational study aimed to evaluate the oil price and its role in the domestic and outside economy of Iran,With 12 samples of Tehran distribution companies of Oil Products, by simple random sampling is done. To collecting data from financial statements of desired, and to analysis of data was used Limer, Hausman and regression tests by spss22 and EVIEWS software. The findings shows changing real oil prices and immediate oil prices has a significant positive impact on oil exports.So, by create the conditions for an accurate forecast oil prices reduce uncertainty about the price as much as possible. It based on the projected price of oil, sales policy should be adjusted according to the requirements of the international oil market and use of existing mechanisms in the petroleum exchanges the status quo in the face of falling prices. Risks to be covered include futures and option contracts to hedge the transaction noted
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