1. Economics Aspects of Increasing the Oil Price
- Author
-
Grendel Peter
- Subjects
price of oil ,consumption ,world energy ,stock-exchange ,OPEC ,Euro-zone ,oil concerns ,Mining engineering. Metallurgy ,TN1-997 ,Geology ,QE1-996.5 - Abstract
In paper I describe mainly high price of oil, which has influence on many circumstances. The important effect on growing up the price of oil has situation in Mid-east, and everyday rising consumption of oil in China. Meaningful position have USA, which using 45% of word energy. The problem is particularly in daily mining of lode. In next part i describing aspect of this situation on stock-exchange, mainly behaviour of speculators, and OPEC, and also presure on inflation in Euro-zone. In the last chapter I discuss about reaction of the big world oil concern like CONOCO, SHELL, BP, OMV and MOL.
- Published
- 2004