Increased Demand from China and Some Supply Disruptions in the Oil Producing Countries Have Contributed To Oil Prices Hitting the Roof - Assets And Politics In The Oil Industry.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c48945) has announced the addition of Assets and Politics in the Oil Industry to their offering. The importance of oil as an energy source can hardly be exaggerated and it is difficult to imagine a world without oil, notwithstanding the relentless search for affordable alternatives. The world as we know is heavily dependent on relatively cheap oil. Experience tells us that any sharp increase in the prices of oil would have a negative effect on the world economy. Oil prices have been extremely volatile. The first "oil shock" in 1973 pales in comparison with subsequent sharp increases. Oil prices per barrel breached the $40 level in 1980, before plunging to slightly above the $10 benchmark in 1985. During the Gulf War in 1990, oil prices shot up but fell short of $40 per barrel, after which prices trended down again close to the $10 mark in 1998. In an apparent aftermath of the war in Iraq and the war on terror This article is about U.S. actions, and those of other states, after September 11, 2001. For other conflicts, see Terrorism. The War on Terror (also known as the War on Terrorism , oil prices have reached an all-time high of over $42 per barrel before cooling somewhat. Oil prices have been hitting the roof of late, mainly because of increased demand from China and some supply disruptions in the oil producing countries. The world is much better position to face an oil shock today than it was in the 1970's because oil intensity has reduced considerably over that period of time. Oil has been a major driving force in the dynamics of global politics and economics. Being a major driver of growth, oil is also one of the most potential causes of conflict. This report on the Assets & Politics in the Oil Industry assesses the global markets for oil, the power that lies behind the countries possessing these natural reserves and the global politics that are driving the market. Based on factual data and analysis, this report gives an impartial Favoring neither; disinterested; treating all alike; unbiased; equitable, fair, and just. look into the landmark events fostered by the production and distribution of oil. Economic perspective of oil forms the core of the report as it analyses the benefits that accrues through the production of oil and its impact on the global economy. Content Outline: Present Status of the Industry Global Oil Consumption & Intensity Global Oil Production Reserves & Production The Middle East Oil Monopoly Outlook Analyzing Oil Prices Historical Analysis of the Oil Industry Volume Analysis The Free Market Mechanism Price and Markets Economic Growth in Oil Consuming Nations Effect of Exchange Rates on Oil Prices Effect of World Affairs Noun 1. world affairs - affairs between nations; "you can't really keep up with world affairs by watching television" international affairs affairs - transactions of professional or public interest; "news of current affairs"; "great affairs of state" on Oil Prices Nationalization nationalization, acquisition and operation by a country of business enterprises formerly owned and operated by private individuals or corporations. State or local authorities have traditionally taken private property for such public purposes as the construction of of Oil in Iran Suez War The 1973 World Oil Shock Iranian Revolution This article is about the 1979 Islamic revolution in Iran. For the political movement in Iran 13 years prior, see White Revolution. The Iranian Revolution (also known as the Islamic Revolution,[1][2][3][4] Outbreak of Iran-Iraq War Iran-Iraq War, 1980–88, protracted military conflict between Iran and Iraq. It officially began on Sept. 22, 1980, with an Iraqi land and air invasion of western Iran, although Iraqi spokespersons maintained that Iran had been engaging in artillery attacks on The Persian Gulf War Persian Gulf War or Gulf War (1990–91) International conflict triggered by Iraq's invasion of Kuwait in August 1990. Though justified by Iraqi leader Saddam Hussein on grounds that Kuwait was historically part of Iraq, the invasion was presumed to be Iraq War Iraq War: see under Persian Gulf Wars. Iraq War or Second Persian Gulf War Brief conflict in 2003 between Iraq and a combined force of troops largely from the U.S. and Great Britain; and a subsequent U.S. U.S. Oil Scenario Oil Prices in a State of War The Iraq War and Its Influence on Oil Industry Factors Influencing Demand Complications with High Oil Prices Oil Prices and the U.S. Economy Oil Prices and the European Economy High Oil Prices and Their Impact on China's Economy India - Growing Dependence Effect of High Oil Prices in Russia Oil Prices & CIS Countries There are two lists concerning CIS countries:
Oil Prices & OPEC OPEC: see Organization of Petroleum Exporting Countries. OPEC in full Organization of the Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its Countries Oil Prices and Poor Countries Looking at the Future and Analyzing Trends Demand Outlook Supply Outlook Increases in Oil Prices Industry Experts on Future Price vs. Demand Scenarios Moderate Increase in Demand Lower Demand and Low Economic Growth For more information visit http://www.researchandmarkets.com/reports/c48945 |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion