At 11:36 on 24 February 2011 and Brent oil price '$ 113.92 / b, while the WTI has passed the $ 100 / b. The price of oil and Brent 'price of trading on the European market and is usually 'slightly lower than the price of WTI or at least the differences between the two prices are never of this size. This phenomenon of 'Brent increase lasts for at least five weeks and now to coincide with the Libyan crisis the price has reached its highest level since September 2008. The coincidence of increasing
, unusual or unexpected in Brent, North Africa and the Arab disturbances can 'lead to a rapid deterioration of the economic crisis. With patience and persistence, however, we must 'remember that the issue of the limits of the production of oil and the coming decline of that inevitably leads to' increased prices of fossil fuels that will take place 'with sudden acceleration and retreat of' world economies.
0 comments:
Post a Comment