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Oil Prices At A Boil

From veezay, 3 months ago

The factors affecting Oil prices and its effects on the Indian Eco

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Slide 1:Oil prices at a Boil ……circa 2008 Factors, Effects & Outcomes 12th July, 2008 Vijay Raghavan R

Slide 2:Oil prices at a Boil • Factors • Effects & Outcomes

Slide 3:Factors Speculation Supply Constraints Demand Growth High Oil Prices

Slide 4:Supply Constraints - Peak Oil Diminishing Oil Reserves & Consequent decline in Production Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline.

Slide 5:Supply Constraints - Cartelization • (OPEC – 70% of reserves but only 40% of production)

Slide 6:Supply Constraints – Geopolitical Factors • turbulence in the Middle East • Venezuela has experi