AmeraTex-3912582

De BISAWiki

AmeraTex

Oil reached a record annual average price of U.S. $ 100 in 2011. In 2012 appears the global oil market outlook to be different. The market is well equipped. AmeraTex Inc While most of 2011, oil demand was well ahead of supply, the global production in 2012 so far exceeded consumption by a large margin.

The dynamics of oil price movements are important for policy makers, consumers and producers alike, given their importance to the economic and financial developments. Oil enters into every aspect of modern economies.

Lower oil prices are always welcomed by consuming nations, especially during weak economic performance. AmeraTex Energy The American consumer may feel the impact of lower prices on most, so there are no taxes or subsidies that mitigate the effects of fluctuations in the market price. A U.S. $ 10 reduction in the price of oil could reduce U.S. import bill by U.S. $ 110 million.

Oil price movements are best explained by changes in supply and demand. Often these market forces are affected by external shocks that have historically created peaks and valleys, and large fluctuations in oil prices. Examples of such unforeseen events ranging from wars, revolutions, economic booms and busts or the weather. AmeraTex Ltd When discussing what determines the global demand for oil, it is useful to distinguish between the developed economies of the Organization for Economic Cooperation and Development (OECD) and the rapidly growing group of emerging economies (non-OECD).

Read More: http://ameratexenergy.pressdoc.com