The world market prices oil according to its opportunity cost.

Flooding global markets with Canadian oil would constrain global oil prices.

The Oil Price Opportunity

Oil price development

The high price of oil

Oil Prices and Global Growth

Global imbalances were huge and still widening, and oil prices remained volatile.

What about the price of oil?

(g) GDP per capita rose from LD 2,416 in 1998 to LD 2,433 in 1999, an increase of 7 per cent.

High world oil prices and capital inflows are strengthening the balance of payments and contributing to exchange rate appreciation.

Sustainable development and poverty reduction were adversely affected by rising world oil prices.

High oil prices fuel public discussion about the future of oil prices.

This is what oil prices look like, OK?

In 1970, other OPEC states followed suit, leading to a global increase in the price of crude oil.

First, it has contributed to rising oil prices.

How Does the Weak Dollar Affect Oil Prices?

Consequently, oil prices increase.

And Obama s triumph heralded the fall in oil prices.

If oil prices decline in the future, the oil industry will suffer severely.

Developed countries, faced with the sudden cutoff of a key energy source and a major spike in world oil prices, felt powerless.

We want to ask what about the price of oil, what about the demand for oil, what can we say about those things?

Can High Oil Prices Be Good?

No quick fix exists for oil prices.

Surging oil prices are draining our foreign exchange revenues.

The variance is due mainly to an increase in fuel prices.

As oil prices go up, energy patents go up.

The effects of high oil prices thus flow through to the economy without being moderated by the world's central banks leaning against the wind.

Furthermore, the continuation of strong trade performance can be thwarted by adjustments to global imbalances or by rapid increases in oil prices.

Furthermore, ample worldwide liquidity and the rise of other commodity prices induced market speculators to buy into oil futures.

The coincidence of the dollar decline and the rise in the oil price suggests to many observers that the dollar s decline caused the rise in the price of oil.

Gold prices are extremely sensitive to global interest rate movements.

That year, oil prices plunged, interest rates soared, and the government defaulted on its debt.

When oil prices fall rapidly, growth follows suit.

In particular, it has benefited from their technical and practical expertise in order to deal with plant epidemics and protect livestock and the environment.

By 1998, Russia already had achieved a critical mass of markets and private enterprise, while the financial crash of that year worked like a catharsis, forcing the government to abolish enterprise subsidies that underpinned a devastating budget deficit of some 9 of GDP.

Lee also must confront factors beyond his control, such as soaring oil prices and the global credit crunch.

The sustained hike in global oil prices is a loud and clear alarm call for us to consider the unsustainability of the global dependence on fossil fuels.

Would the price of oil have increased less if oil were priced in euros instead of dollars? Did the dollar s fall cause the price of oil to rise?

Last point, last graph. One of the things that we've got to do is to stabilize oil prices. This is what oil prices look like, OK?

Oil prices will continue to rise until demand collapses.

Oil prices are not helping.

We need to make the gas price better reflect the real cost of oil.

High oil prices also threaten to slow long term productivity growth.

But this economic logic does not apply in the case of increases in oil prices.

But oil prices do not reflect the true costs of fossil fuel consumption.