Thursday, October 1, 2009

Crude Oil








Crude Oil


Crude oil and gas is a naturally-occurring material found in certain rock formations in the earth. It is a dark, sticky liquid which, scientifically speaking, is classified as a hydrocarbon and containing carbon and hydrogen.


Investors should observe on rate of crude oil time to time which very essential feature. It’s affects to stock much. On news channel of stock market, Equity inventors and traders can see crude oil.
Relation of Crude oil & OPEC.


The Organization of the Petroleum Exporting Countries (OPEC) which consisting of 13 oil producing and exporting countries, spread across three continents America, Asia and Africa. The members are Algeria, Angola, Ecuador, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, the Socialist People’s Libyan Arab Jamahiriya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates & Venezuela.


Causes low oil prices is generally too much supply or too little demand & high oil prices is shortage of oil supplies. We can analyze about Crude oil form report of OPEC & news(news channel) of Other factors influencing the price of such as accidents, bad weather, increasing demand, halting transport of crude oil from producers, labor disputes (strikes) as well as other disruptions to production including war and natural disasters.

1 comment:

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