Overheated and thirsty
Article Abstract:
Oil prices have increased tremendously with the price touching US $50 a barrel and carrying the possibility that it might reach upto US$ 60 too. The hike in prices is due to the demand outdoing supply. The reasons for this high demand is due to the temperature levels in United States and Europe that is calling in for more oil consumption and the demand in United States and China (now the second highest consumer of oil in the world) increasing day by day.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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America's unspoken motives
Article Abstract:
The United States likely has other motives for a war against Iraq other than removing weapons of mass destruction. Stabilizing oil and natural gas supply and prices are probably important factors. A regime change in Saudi Arabia would hurt oil supplies and make Iraq's reserves even more valuable.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2003
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Oil's slippery slope
Article Abstract:
The reasons behind the fluctuation in oil prices are examined.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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