Pengaruh Produksi Minyak Opec, Gdp Manufacture Output, Konsumsi Minyak, dan Net Ekspor Manufaktur terhadap Fluktuasi Harga Minyak Opec (Studi pada 5 Negara Manufaktur Terbesar dan Perbandingannya dengan Indonesia Periode 1980-2015)

This study was conducted to determine the effect of OPEC oil production, GDP Manufacture Output, oil consumption, and net manufacturing exports from the 5 largest manufacturing countries and comparison with Indonesia, both long term and short term against OPEC oil price fluctuation period 1980-2015. This research used is explanatory research with quantitative approach. The data source used in this research is secondary to econometric model, and use the Error Correction Model analysis unit. The research location is the official website of International agencies and government agencies of Indonesia. The results of this study indicate that in the long term the largest 5 manufacturing countries model is only OPEC oil production variables that significantly influence OPEC oil price fluctuations. Meanwhile, in the short term, none of the variables significantly influenced OPEC oil price fluctuations. The results of research for Indonesia show that in the long term, Indonesia's oil consumption and Indonesia's manufacturing net exports have a significant effect on OPEC oil price fluctuations. Meanwhile, in the short term only Indonesian oil consumption variables that significantly influence OPEC oil price fluctuations