1980s oil glut

Oil Price Shock on Exchange Rate, Interest Rate, and Stock Exchange Performance: Crude oil and its byproducts since its discovery is one of the most basic input to the world particularly for energy. It is important to human existence and also, finite in supply. It has several other uses which include: hydrocarbons for plastic, pharmaceutical, and other basic day to day items. More so, most of our equipments depends on oil and its product to enable them work. Like every other product that is traded

INTRODUCTION In this empirical project I will try to explain the relationship between the oil prices, gold prices and stock market in the United State using yearly time series data. Since the gold and oil prices are raising their influence on stock market is also increasing and we will see how fluctuations in oil prices and gold prices impact the stock market in the United States. So here oil prices and gold prices will be our explanatory variable and stock market index will be our explained variable

The oil price collapse between June 2014 and January 2015 was the third largest of the past 30 years and was driven by a combination of few conditions. (Kose, Ohnsorge, Stocker, 2015). It fell by about 50 percent between those periods and consisted of several phase. Initially, in June 2014, the oil price of Brent oil drops from $110 per barrel to $80 per barrel before the OPEC meeting in late November. The second phase of oil price drop occur in the early of January 2015, where oil price drops to

that he had inside information about GLUT. GLUT is an Oil & Gas Exploration Corporation whose stock was traded in the over-the-counter market. The statements made by Yankovich include (1) that vast amounts of gold had been discovered in Yukatan and that GLUT had options on thousands of acres in the gold-producing regions of Yukatan, (2) the discovery was “not publicly known, but would be subsequently announced”, and (3) when this information was made public, GLUT stock would increase to $10.00 to 415

The oil-rich Bolivarian Republic of Venezuela, located on the northern coast of South America, was for many decades considered among the wealthiest nations in the entire continent. While having the largest proven oil reserves in the world has often proved a tremendous boon for Venezuela, the very black gold that has been the cause of its success has also proven to repeatedly be its kryptonite. Over half of the nation’s Gross Domestic Product stems from petroleum exports – which equates to approximately

Since its discovery back in the year 1858 crude oil has been become one of the most sought after resources on the face of the planet. It is due to this fact that the oil industry has fallen into a rather odd category in the case of globalization and seeking out new markets, new labor and new customers. The reason being that the need for crude oil and fuel is always present therefore the product of oil in its basic sense sells itself and the companies do not have to go out and publicly advertise it

Currency devaluation and fuel subsidy removal are policies that are phenomena to the Nigerian economic environment. This research study identifies that the implementation of the policies has further caused more challenges in the pursuit for economic development than remedy to alleviate the crisis. From the research questions of this research study, was the questionnaire developed aimed at prying into currency devaluation and fuel subsidy removal for Nigeria’s economic development. The use of questionnaires

What really caused the recession in the United States in the 1980s? There was a great economic decline in the late 1970s and the beginning of the 1980s where there was a decline in trade and industrial activity. The 1980s was not a good time for the United States because the Regan Administration during this period began a 30-year period of financial deregulation. When president Regan was elected into office he promised the Americans that he would bring to an end the supply- sides economics. He

the organization both economically and technically as the organization works on the foundation of a cartel that sets oil prices on a global scale. As such member states are cushioned against the fluctuating global oil prices. The organization is guided by the mission which is; “T coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers

The movie “Friday Night Lights” is based on a book by author H.G. Bissinger. It takes place at Permian High School in Odessa, Texas in 1988 when tension between races was still strong in some areas of the south. There is a focus in some areas of the film having to do with the racial tension and ongoing conflict between the student body and the city as a whole. Even though desegregation had happened by the time the book was written and the film was made, schools sometimes were still racially divided