It has been money( subprime crisis).. so money is ruled out
It has been crude($140/barrel).... it will continue... ruled out
Water- Maybe yes.... With depleting water tables and high pollution of natural resources, very soon water will be the reason for next world crisis.
Its high time we as an individual step forward and ensure that atleast each one of will not waste water. Even with simple steps, we can save lot amount of water in our daily use
Showing posts with label crude. Show all posts
Showing posts with label crude. Show all posts
Wednesday, June 25, 2008
Monday, June 23, 2008
Global Inflation riding on the bull now
Inflation- Thats a global word now.
China, India are feeling most pressure from it and fighting to cool it down from double digit figure to sub 5% levels. With rising crude prices and OPEC not in mood to increase demand, I guess these two emerging markets will have to struggle for some more time with Inflation numbers.
Western markets too are feeling the pinch now, people in west are reducing their long drives and expenditures.
Interesting thing however is that dreaded word "Recession" is no more heard. There is still sense of optimism in global market of things recovering back in medium term and everything will be alright.
I feel too there are chances of the above facts. OPEC meeting last sunday resulted in divided views by members which means crude is soon going to see correction in prices. Saudi and Kuwait are pro-demand increase so as to fill the demand-supply gap.
China, India are feeling most pressure from it and fighting to cool it down from double digit figure to sub 5% levels. With rising crude prices and OPEC not in mood to increase demand, I guess these two emerging markets will have to struggle for some more time with Inflation numbers.
Western markets too are feeling the pinch now, people in west are reducing their long drives and expenditures.
Interesting thing however is that dreaded word "Recession" is no more heard. There is still sense of optimism in global market of things recovering back in medium term and everything will be alright.
I feel too there are chances of the above facts. OPEC meeting last sunday resulted in divided views by members which means crude is soon going to see correction in prices. Saudi and Kuwait are pro-demand increase so as to fill the demand-supply gap.
Wednesday, June 04, 2008
Oil..Oil...Oil.. That is latest news in every circle
Today crude is trading at $130 and see no sign of retreat to lower number. OPEC still claims that they see no problem in supply-demand gap, whereas countires across globe are witnessing huge oil crisis.Most effected are ofcourse emerging nations like India and China. Commodity is highly dependant on oil prices since majority of tranportations means are based on oil and slight increase in oil results in a direct propotionate hit on inflation numbers.
Analyst say that they see some corrective measures coming into picture by year end, and that crude should be down to $80/barrell price.
Now, what has to be seen if how economies are going to take the balanced approach to minimise the impact of crude hit
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