Jubak’s Journal: Has oil bottomed out?
description: Oil’s down $40 a barrel from its July high, but it’s still up $30 from September 2007. Jim Jubak says long-term oil prices are still headed up if oil bottoms above that 2007 low.
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09/04/08
09/04/08
economic
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Has oil bottomed out?
Has oil bottomed out?
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Jim Jubak
Jim Jubak
Jubak’s Journal
Jubak’s Journal
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jubak's
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msn money
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oil
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Comments
It would be good to put a date when each video was recorded. Many thanks -
chestrunner
For taking more advantage of cost control and international development programs in oil sector, governments and organizations attractively is making the most of oil suppliers' policy. It's probable that the week of 9.08 oil act would purchase $100 a ballen, and fine tuning index of inflation conditions may upraise "short". Where oil production leads economic growth, supply side may not restrain under government investment as hugest tax payers. -
ymasuda_2008
- Urging government oil trading policy - OPEC 2008 Q4 supply side policy - Oil price leaders under international development programs - Lowering oil demand in the globe Aforementioned 4 policy items consequently lead oil prices at distiction of supply side price control. Downfalling price range is undertaking the enforcement of government political negotiation, which US mainly conracts, for saving oil production lines. OPEC would have to moderate price under oil suppliers' political conditions, and huge risk to raise at this point of economic development. "$100 a ballen" in mind. -
ymasuda_2008
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