1. CRUDE OIL AND EXCHANGE RATE

2. LITERATURE REVIEW AND THEORETICAL BACKGROUND

3. DATA, METHODOLOGY AND EMPIRICAL RESULTS

4. DISCUSSION OF SELECTED THEORIES

5. DISCUSSION ON OIL SUPPLY – DEMAND – PRICE DYNAMICS

6. DETAILED ANALYSIS OF CAUSALITY RUNNING FROM OIL TO EURO – 
   CAUSAL EVENT CHAIN PERSPECTIVE

7. DETAILED ANALYSIS OF CAUSALITY RUNNING FROM OIL TO EURO –          
    THEORETICAL PERSPECTIVE

8. DETAILED ANALYSIS OF CAUSALITY RUNNING FROM EURO TO OIL – 
    CAUSAL EVENT CHAIN PERSPECTIVE

9. DETAILED ANALYSIS OF CAUSALITY RUNNING FROM OIL TO YUAN – 
    CAUSAL EVENT CHAIN PERSPECTIVE

10. DETAILED ANALYSIS OF CAUSALITY RUNNING FROM OIL TO YUAN  –          
      THEORETICAL PERSPECTIVE

11. DETAILED ANALYSIS OF CAUSALITY RUNNING FROM YUAN TO OIL – 
      CAUSAL EVENT CHAIN PERSPECTIVE

12. EMPIRICAL RESULTS – OTHER OIL IMPORTING COUNTRIES

13. OVERALL EMPIRICAL ANALYSIS RESULTS

14. CONCLUSION