Strategists not Worried over High Oil Prices
"Oil prices on a real basis are not as expensive. The economy is more energy efficient. Volatile is more problematic than just high oil prices"...
posted by Aberto Handfas | 8:55 AM
Oil Market
This blog is dedicated to discuss the political economy of oil markets with a critical and historical approach. Oil has become a unique commodity in modern capitalism. Its market has been driven by transnational corporations and financial markets speculation. Articles, papers and personal comments on the global oil market framework, its fundamentals, supply and demand, cartels, imperialist policies, and the underlain class struggle issues are being daily gathered.
Contributors
- Supply Woes Drive Oil Markets into Renewed Frenzy
- Crude Oil Soars to US$59 a Barrel
- Oil Surge Moderates Losses in U.S. Treasury Debt
- Crude oil shocks will be felt when retail prices a...
- Drilling into High Oil Prices
- OPEC increase will not answer global oil worries
- OPEC adopts 2-pronged plan to stifle oil prices
- Morgan Stanley economist sees oil crash
- Oil Markets Ignore OPEC Output Increase
- OPEC agrees to raise output to cool prices
1 Comments:
the price of oil is dirrectly related to the price of orange juice. if the price of orange futures drops, than so will the price of crude oil its simple economics. oranges grow off of trees. they spoil easily. to throw an orange at some one would be crude. crude spoil..... do you see it. if you dont than how about this. if two oranges fall off the limbs of the same tree, one higher and one lower, and they fall at the same time what will happen to the price of crude oil? simple; it will not change on that day.
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