Oil Prices

Increasing in crude prices ____________________________________________________ Instructor Dr. Abdul Waheed Mohammad Farooq MBA Weekend (5130) stemma Economics INDEX S.No Content 01 02 03 04 05 06 07 08 11 12 13 Introduction creative activity vegetable oil reservesi World crude oil intersection Demand Supply Historical Oil prices Factors affect Supply, Demand And Oil Prices How prices atomic number 18 determine step to mark prices Conclusion Bibliography Page # 03 04 06 07 08 10 10 11 2 Introduction The crude oil industry is commonly considered to fabricate upstream and downstream sectors. upriver involves exploration, development, and performance of oil and gas. During exploration, well are drilled in search of an undiscovered mob of oil or gas. in the buff oil and rock oil products are widely traded and effectively assimilate a genius price after allowing for transportation cost and quality differences. wholeness characteristic of oil that is much talked well-nigh is its price volatility. Oil in Pakistan Pakistan has oil reserves of slightly 358 jillion barrels as on June 2010. The major deduct of produced oil comes from the reserves locate in the southern one-half of the country, where the three largest oil producing palm are located In addition, some producing fields are located in the affection and upper Indus.

Since the late 1980s, Pakistan has not 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 scene for Pakistan to rea ch self sufficiency in oil, the government h! as advance private (including foreign) firms to develop domestic production capacity 3 World Oil reserves At end 1990 railway yard 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 sound essay, tell it on our website: OrderCustomPaper.com

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