Bulk Deals Aliexpress 2020Bulk Deals Aliexpress 2020
WOVOW - Chinese Gadgets Reviews and Deals
Best Daily Deals
No Result
View All Result
  • Coupons
  • Promotions
  • Our reviews
  • Reviews
  • Leaks
  • Phones
  • Wearable
  • Hi-tech
    • Tablets
    • Projectors
    • TVs
    • Notebooks
    • Cameras
    • Drones
  • Support Us
  • Coupons
  • Promotions
  • Our reviews
  • Reviews
  • Leaks
  • Phones
  • Wearable
  • Hi-tech
    • Tablets
    • Projectors
    • TVs
    • Notebooks
    • Cameras
    • Drones
  • Support Us
No Result
View All Result
WOVOW - Chinese Gadgets Reviews and Deals
No Result
View All Result
Home Economics

The oil market may collapse in 2014

by Daniel Brown
2014/06/02
in Economics, HOME
1 min read
0
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

According to analysts TeleTrade, it is likely that the price of Brent crude oil will go down dramatically in the second half of 2014. This development is perhaps due to the fact that a strong supply and weak demand will outweigh concerns about political instability.

These assumptions are confirmed by the Reuters poll conducted last week. Brent crude oil price in 2014 is 105.9 dollars per barrel. She is now at the level of 108.2 dollars / barrel. To show a yearly average , in the remaining 7 months of 2014 , the average price of oil should be at 104.26 USD / barrel. In 2015, the average price for the year is expected to reach 102.5 dollars / barrel, and in 2016 – to fall to 100.5 dollars / barrel. The increase in supply of oil will grow by increasing the scale of production in Libya, Iran and Iraq , analysts predict TeleTrade.

As for consumption , its growth will be weak due to weak economic growth. In addition, the volume of demand will push measures to increase energy efficiency , the transition of the consumers of natural gas . The spread between the Brent and West Texas Light will be narrowed because the U.S. will rely more on domestic production .

Tags: barreldollarsoilprice
ShareTweetPin
Get New Year Ready 2021 Consumer ElectronicsGet New Year Ready 2021 Consumer Electronics

Related Posts

Hi-tech

TOP 3 Best Gadgets for summer 2017: Xiaomi Mi Portable speaker, action camera SJCAM SJ5000X Elite 4K, DJI Mavic Pro Combo drone

2017/06/29
Oukitel U11 Plus: just $159.99 for 16MP front camera and 4GB RAM
Hi-tech

Oukitel U11 Plus: just $159.99 for 16MP front camera and 4GB RAM

2017/05/17
Review Moto C and Moto C Plus: BUDGET SMARTPHONES
Hi-tech

Review Moto C and Moto C Plus: BUDGET SMARTPHONES

2017/05/16

POPULAR THIS WEEK

Haylou GT1 XR First REVIEW: Are These Earbuds Better Than GT1?

Haylou GT1 XR First REVIEW: Are These Earbuds Better Than GT1?

2020/07/03
TOP 9 Best Smartwatches With Blood Pressure Monitor 2020

TOP 9 Best Smartwatches With Blood Pressure Monitor 2020

2020/02/25
What Is GetApps On Xiaomi Smartphone? How Can You Download or Delete It?

What Is GetApps On Xiaomi Smartphone? How Can You Download or Delete It?

2020/06/21
MIUI 11 Optimization: How To Remove Ads and Speed Up System

MIUI 11 Optimization: How To Remove Ads and Speed Up System

2019/12/23
Consumer Electronics Aliexpress 2020Consumer Electronics Aliexpress 2020
Bestsellers Get New Year Ready 2020 AliexpressBestsellers Get New Year Ready 2020 Aliexpress
  • Home
  • Sitemap
  • Contact
  • About us

©2020 WOVOW.org | All rights reserved.

No Result
View All Result
  • Coupons
  • Promotions
  • Our reviews
  • Reviews
  • Leaks
  • Phones
  • Wearable
  • Hi-tech
    • Tablets
    • Projectors
    • TVs
    • Notebooks
    • Cameras
    • Drones
  • Support Us

© WOVOW.org | All rights reserved.