The New Market Paradigm

May 2005
Middle East Monitor: The Gulf;May2005, Vol. 15 Issue 5, p1
Country Report
Country Report
The article discusses the rise in oil prices in Middle East. It is a speculative-driven boom, with prices propelled by herd mentality among market participants. The key fact about oil is that it is traded at the margin, with large price movements on the basis of comparatively small changes to market fundamentals. However, the recent spike in oil prices, which one anticipate will last for most of this year, reflects more fundamental fears that demand growth as a result of Chinese economic expansion in 2005 and beyond will result in an irreconcilable shortage of supply.


Related Articles

  • Methodology And Risks To Forecasts.  // Kazakhstan Oil & Gas Report;Q2 2012, Issue 2, p87 

    The article presents information on the methodology used for forecasting the trends in the oil and gas sector, and risks associated with these forecasts. It is said that projections of oil and gas supply and refining capacity are generally based on known development projects, committed...

  • The Future of Oil: Prices aren't likely to go down anytime soon. Emmond, Kenneth // Business Mexico;Oct2005, Vol. 15 Issue 10, p16 

    The article forecasts the economic performance of oil industry in Mexico. Energy consultants predicts that oil prices will stay relatively high, given the refining constraints. Hurricane Katrina affected the oil supply lines of the country making the price of oil higher. To keep prices in...

  • OIL MARKET OUTLOOK.  // West & Central Africa Monitor;May2005, Vol. 6 Issue 5, p1 

    The article focuses on the oil market statistics. The OPEC basket averaged U.S. 44. 5/b in the year to April 4, 2005 and despite OPEC's decision to increase quotas by 500,000 b/d in mid-March it has continued to climb. With U.S. inventories increasing in five consecutive weeks prior to April 4,...

  • Bounce Ahead? Dagar, Shalini S. // Business Today;1/11/2009, Vol. 18 Issue 1, p26 

    The article focuses on the transitions on oil prices worldwide in 2008 and its forecasts for 2009, particularly in India. It is indicated that the country has had some cause for joy from the southward-bound global crude oil prices. Reports also show that from a high of $147 a barrel as late as...

  • Evaluating a Year of Oil Price Volatility. Davig, Troy; Çakır Melek, Nida; Nie, Jun; Smith, A. Lee; Tüzemen, Didem // Economic Review (01612387);2015 3rd Quarter, Vol. 100 Issue 3, p5 

    The article discusses the shift in precautionary demand particular to the oil sector that have the primary role in driving oil prices lower from mid-2014 to mid-2015. Topics cited include a review of the possible sources of the oil price decline, an analysis of the demand and using supply...

  • OIL MARKET OUTLOOK.  // Middle East Monitor: East Med;Mar2009, Vol. 19 Issue 3, p1 

    The article offers projections on the condition of oil market in the Middle East for 2009 and 2010. The average oil price is expected to decrease for the indicated years due to the global economic condition. The supply of the product is indicated to be insufficient to deal the issue of price...

  • Executive Summary.  // Nigeria Oil & Gas Report;Q3 2007, p5 

    The article presents an economic forecast for the oil and gas industry of Nigeria from 2007 to 2011. According to the "Nigeria Oil & Gas Report" from the journal "Business Monitor International" (BMI), the country will account 3.46% of the Middle Eastearn and African (MEA) regional oil demand by...

  • Global Oil Market Overview.  // Nigeria Oil & Gas Report;Q3 2007, p7 

    The article presents a market overview for the global oil industry. It was stated that global oil demand is expected to increase by 2% in 2007 and the overall demand outlook for 2001 remains high. On the other hand, the supply growth is considered likely to positive, but is expected to drop in...

  • Executive Summary.  // Japan Oil & Gas Report;Q2 2009, p6 

    The article presents a summary of the forecast for Japan's oil and gas industry for the second quarter of 2009. By 2013, the country is anticipated to account for 14.92% of the Asia Pacific regional oil demand, while the monthly average global wholesale gasoline prices will range from US$38.90...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics