Subprime Crisis

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Murli Deora, “Despite a marked increase in price of crude oil to nearly $100 per barrel a day to $40 to $45 last year, the government had not increased prices even by one rupee. Petrol, Diesel, LPG and Kerosene are at the same price level as last year”...
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An interesting thing to note here is the following comment on the same issue by the minister himself, at a question raised in the Lok Sabha; in which he says “I have no hesitation in saying that the UPA chairperson (Ms. Sonia Gandhi) had directed us to see that petroleum prices do not increase and we are trying to do that”...
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Supply and Demand on oil Oil is very valuable to the Earth but also at the same time it is scarce, and in order to check out the recent developments in the price of Oil in world trade, it is important to analyze the underlying forces of demand and supply...	1 / 274
Oil Oil recently hit a new high year record of closing just over $70 a barrel Monday afternoon although recent inventory levels suggest that the U.S. oil reserves are at a 8 year high...	1 / 251
Oil Prices To Fall Down Case Study: To analyse whether the oil prices are going to fall in the long run Introduction: The price of crude oil has been on a rise for over five years but this had never caused a drastic reduction in the demand of oil because most Asian governments have rigid price controls on petroleum products and the western countries were able to afford the prices...	3 / 652
Oil Price Hike in Malaysia 2008 to RM 2.70 per litre (discussion) The recent fuel price hike of 40.6% to RM2.70 per litre of petrol has major negative impact on the economy of Malaysia. The inflation rate spirals and the concern of interest rate hike dampen the economy mood...	2 / 387
The Economic Impact of Rising Oil Prices in Automotive Industry The rise in the oil prices plays a major role in the automotive industry. “The world consumes over 82 million barrels of oil per day (BPD), with the united states taking roughly 20 million BPD” (McFarlane)...	7 / 1701
Solutions to inflation in oil prices The most effective way of countering the detrimental effects of the rapid increase in oil price are through macroeconomic policies. However the use of monetary policy in this scenario may have varying effects...	1 / 235
Crude Oil and Prices: OPEC needs to be shut down! The first article is OPEC Sets Emergency Meetings to Output Cuts by Ayesha Daya and Michael Williams. This article talks about OPEC the controlling group that helps oversee the production and supply of most of the world's oil...	3 / 659