At the end of last year, while anticipating the slow season for oil demand, Q1 2005, it was assumed that the international crude prices would fall. Instead, the strong momentum of the rising price was underestimated o...At the end of last year, while anticipating the slow season for oil demand, Q1 2005, it was assumed that the international crude prices would fall. Instead, the strong momentum of the rising price was underestimated once again. The climbing of the oil price is a result of multiple factors, including strong global demand for oil, inadequate surplus production capacity of OPEC and rampant speculation in the oil futures market. It is estimated that oil prices will remain at a high level and may possibly exceed US$60/ bbl. According to a senior analyst of the oil market, oil prices will keep rising until oil demand goes down drastically because of the oil price’s effect on the world economy. Consider who is the most affected by the price increase, who benefits most and who is the player with the most capital. The answer should speak for itself.展开更多
文摘At the end of last year, while anticipating the slow season for oil demand, Q1 2005, it was assumed that the international crude prices would fall. Instead, the strong momentum of the rising price was underestimated once again. The climbing of the oil price is a result of multiple factors, including strong global demand for oil, inadequate surplus production capacity of OPEC and rampant speculation in the oil futures market. It is estimated that oil prices will remain at a high level and may possibly exceed US$60/ bbl. According to a senior analyst of the oil market, oil prices will keep rising until oil demand goes down drastically because of the oil price’s effect on the world economy. Consider who is the most affected by the price increase, who benefits most and who is the player with the most capital. The answer should speak for itself.
