  This is a work in progress. The aim is to propose a plausible mechanism for
the short term dynamics of the oil market based on the interaction of economic
agents. This is a theoretical research which by no means aim at describing all
the aspects of the oil market. In particular, we use the tools and terminology
of game theory, but we do not claim that this game actually exists in the real
world. In parallel, we are currently studying and calibrating a long term model
for the oil industry, which addresses the interactions of a monopolists with a
competitive fringe of small producers. It is the object of another paper that
will be available soon. The present premiminary version does not contain all
the economic arguments and all the connections with our long term model. It
mostly addresses the description of the model, the equations and numerical
simulations focused on the oil industry short term dynamics. A more complete
version will be available soon.
