Oil Prices & Financial Markets

Introduction The importance of oil in todays world undersurface in no way be undermined. Was going to war in Iraq a pretext for the Unites States of America, the largest economy in the world, to pay off its oil? Keeping away from politics, I sh every focus on the economical perspective merely. In the 21st century, the world mustiness solve two great problems. These problems argon rargonly discussed by the public, have received little media attention and neither are they discussed by those in power, at least not publicly. They are: ?Over Population in the developing world. ?Over usage in the true world. Oil Depletion: The primary problem of the developed world It is over-consumption where oil comes in. Being a business editor, I have personally always been interested in the up to(p) of oil and its importance to the world. Do the Arab pecuniary Markets impact sphere Oil Prices? Surely; the vast Middle east and unification African regions, depend on oil as its major source of revenue, especially Saudi Arabia. Apart from the m all another(prenominal) geopolitical tensions like Iraq, Iran, Nigeria, and macro-economic factors that heavily influence the oil calling mainly in the USA and the UK, the question that I motive to answer though my research is, if there is an impact of the Arab markets on world oil prices.

For my exteriorise, I will concentrate only on the financial markets of the GCC and a few other Arab countries - videlicet: Bahrain, Saudi Arabia, United Arab Emirates, Qatar, Muscat & Kuwait along with Egypt, Lebanon & Jordan. I dont expect my model to be highly significant, since it excludes all of the other main factors, but want to find out, if any, the intensiveness of their effect only. Literature Review I did not find any study on the exact same topic; however, for my project I referred to the following related works: 1.Economic Developments and Prospects 2006 Financial Markets in a New Age of Oil, Middle East and North Africa Region. By Office of the Chief... If you want to get a full essay, order it on our website: Ordercustompaper.com

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