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Global Economy
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#28
10-15-2004, 02:06 AM
<!--QuoteBegin-rajesh_g+Oct 11 2004, 10:17 PM-->QUOTE(rajesh_g @ Oct 11 2004, 10:17 PM)<!--QuoteEBegin--> If it doesnt ease and say it hovers around 60-65 will it setup other major skirmishes ? When did it get to such levels before ? <!--QuoteEnd--><!--QuoteEEnd-->
Rajesh:

it's nearing $55/barrel

With sanctions being eased on Libya, it's oil will be back in free market. In Russia, govt controlled hold on oil sector is ripe for foreign investments. With 'democartically elected' rulers in Afghanistan and Iraq US will have oil from sources which were not easily accessible till a couple years ago. Recently Nigeria's having political issues with respect to oil - but can be fixed easily by a bit of 'shock-n-owe' and bringing 'liberation and freedom to those nice folks'.

Meanwhile analysts are predicting a sharp rise in consumption in India and China. Oil/Energy related stocks are on a rise and middle-east elites have plenty of spare change to fund a few more madrassas around the globe.

We live in interesting times...
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Global Economy - by Guest - 12-18-2003, 04:48 AM
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Global Economy - by shamu - 10-17-2008, 10:15 AM
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Global Economy - by Guest - 10-20-2008, 08:59 AM
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Global Economy - by shamu - 11-13-2008, 05:32 AM
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Global Economy - by Guest - 01-21-2009, 10:52 AM
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Global Economy - by Guest - 01-26-2009, 08:33 AM
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Global Economy - by Guest - 03-05-2009, 08:36 AM
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Global Economy - by Shambhu - 03-07-2009, 10:42 PM
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Global Economy - by Guest - 03-09-2009, 08:45 AM
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Global Economy - by acharya - 05-09-2009, 08:49 AM
Global Economy - by acharya - 05-11-2009, 08:50 AM
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Global Economy - by Capt M Kumar - 05-31-2009, 10:55 PM
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Global Economy - by Guest - 06-01-2009, 04:43 AM
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Global Economy - by Capt M Kumar - 06-26-2009, 05:47 PM
Global Economy - by Guest - 06-26-2009, 09:51 PM
Global Economy - by Guest - 07-04-2009, 10:51 PM
Global Economy - by Capt M Kumar - 09-27-2009, 01:37 AM
Global Economy - by shamu - 10-07-2009, 08:42 AM
Global Economy - by acharya - 10-09-2009, 12:22 AM
Global Economy - by Guest - 10-09-2009, 12:27 AM
Global Economy - by acharya - 10-22-2009, 07:20 PM
Global Economy - by Capt M Kumar - 11-04-2009, 07:52 AM
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