Oil Prices

Increasing in crude prices ____________________________________________________ Instructor Dr. Abdul Waheed Mohammad Farooq MBA Weekend (5130) blood Economics INDEX S.No Content 01 02 03 04 05 06 07 08 11 12 13 Introduction creative activity oil reservesi World oil intersection Demand Supply Historical Oil prices Factors affecting Supply, Demand And Oil Prices How prices be determine step to agree prices Conclusion Bibliography Page # 03 04 06 07 08 10 10 11 2 Introduction The crude oil industry is commonly considered to represent upstream and downstream sectors. upriver involves exploration, development, and performance of oil and gas. During exploration, rise are drilled in search of an undiscovered kitty-cat of oil or gas. in the buff oil and oil color products are widely traded and effectively assimilate a bingle price after allowing for transportation cost and quality differences. 1 characteristic of oil that is much talked w ell-nigh is its price volatility. Oil in Pakistan Pakistan has oil reserves of round 358 jillion barrels as on June 2010. The major deduct of produced oil comes from the reserves turn up in the southern one-half of the country, where the three largest oil producing handle are located In addition, some producing fields are located in the affection and upper Indus.

Since the late 1980s, Pakistan has non experienced many impertinently oil fields. As a result oil production has remained fairly flat, at around 60,000 barrels per day. While in that location is no expectation for Pakistan to reach self sufficiency in oil, the government has promote private (! including foreign) firms to develop domestic production capacity 3 World Oil reserves At end 1990 meter million barrels 33.8 11.2 51.3 96.3 1.6 4.5 2.0 1.4 0.8 0.6 60.1 0.6 71.5 n/a 0.6 0.8 n/a 8.6 1.5 n/a n/a 4.0 n/a 65.3 80.8 92.9 100.0 97.0 4.4 3.0 260.3 1.9 98.1 2.0 0.1 659.6 9.2 1.6 0.8 3.5 0.9 22.8 17.1 0.3 1.7 0.9 58.7 3.2 1.1 16.0 5.6 5.4 3.6 0.3 0.2 1.0 36.3 1003.2 At end 2000 Thousand...If you want to get a upright essay, tell it on our website: OrderCustomPaper.com

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