Showing posts with label global markets. Show all posts
Showing posts with label global markets. Show all posts

Sunday, April 27, 2008

How Oil Price Affects Us



What's new with the energy markets? everybody is expecting a positive outlook from this market but it seemed that the expectation remained negative. what more could this oil price give to us?

Evidently, due to the unstable energy markets, some stikes were being posed by some oil workers. They too, are affected with the current trend in oil markets. This is not only happened in Britain, where major oil refinery shut down, stikes is almost everywhere, where oil is one of the most serious problems.


We cannot deny the fact that oil has a pivotal role in our life. Oil alone is our life. This makes us mad when our government prefers to privatize oil energy sector, especially when times that the government itself is not already counting money from it. Privatization for them is the answer, so that, more private entities could invest in their countries. But it would only create fears and troubles, because protesters would not allow it.


However, we can still make a difference out of it. If we would only unite for the common good. Focusing on alternative energy can be one of the solutions. Though, it requires funds, new researches and studies, still, in a futuristic view, nations that would try alternative energy could prossibly be out of the problems brought by the current oil situations.

more oil related updates...

Sunday, January 27, 2008

Oil price slides closer at $90



After the distressing US economic turmoil last week, oil has made a good record. Although, it is minimal, but the slight slump on its price is a good start in ensuring oil stability in the oil global market.


But with prices lately moving in sync with stock markets, traders began to fear that Friday's $1.30 surge might have been overdone after Wall Street ended the week on a down note following two days of sharp gains.

While many analysts say the risk of an economic slow-down could still take some steam out of oil prices that are not far away from their record $100.09 high, a thirst for alternative investments and OPEC's resolve has limited the downside so far.

more...