Tuesday, December 17, 2019

Examine the Factors That Determine the Price of Oil in the...

An Economic Analysis of the Current Oil Market amp; Prices PREPARED BY: Teoh Chern Shi ID NO: B0075JMJM1112 ------------------------------------------------- ------------------------------------------------- SEMESTER: Semester one LECTURER: Ellie Semsar DATE: 20th February 2012 ------------------------------------------------- * * Table of Contents Table of Contents 2 1 Objective 3 2 Introduction 4 3 Analyze Current prices of oil 5 4 Factors determine the price of oil 7 4.1 Demand and Supply 7 4.2 Exchange Rate 9 4.3 Location 9 4.4 Government policies affect oil prices 9 5 Factors that Determine Market Oil Demand 10 5.1 The price of the main product 10 5.2 The price of†¦show more content†¦(Worldoils, 2012) Figure 3 Historical Oil Prices Chart for 10 Years From the chart above, we can see that the price of oil increasing from 2002 to 2008, and face a dramatically drop in 2008, and face an increasing trend onwards. The drop in 2008 due to the slow economic growth and reduce the consumption of oil around the world. Factors determine the price of oil There are variety factors determine the price of oil, it’s including quantity of demand, stability of supply, currency exchange rate, location and government policies. Demand and Supply P Price of oil (USD) Q Quantity (Gallon) Oil Market Supply Curve Demand Curve Q1 P1 Figure 4: Demand and Supply curve The main factor that affects the price of oil in the market is supplies and demands. â€Å"An Oil market is like a global auction, the highest bidder will win the supply. When the demand is high and the supply is low, the bidder needs to pay higher price to buy the oil; when the supply is abundant over the current demand level, the bidder will wait and purchase at the lowest price as possible.† (Khodorkovsky) Besides, due to the rapid economic expansion in some country like China, Brazil, Russia and India, the demand for oil product is increased dramatically. â€Å"Global oil consumption grew by a below-average 0.7% per day.† (BP, 2012) This lead the price of oil grows up every year. The chart below shows the top tenShow MoreRelatedTrade Reforms Policy Impacts on Non-Oil Exports in Nigeria11960 Words   |  48 PagesCHAPTER ONE INTRODUCTION 1.1 Background to the Study Trade policy is defined as, a governments policy controlling foreign trade and the central objective of trade policy is to provide protection for domestic industries and reduce the perceived dependence on imports; a corollary to that objective was a desire to reduce the level of unemployment and generate more revenues from the non-oil sector. Non-oil export sector in Nigeria constitutes products of agriculture, industry and services thatRead MoreEffects of Finanacial Crises on Nigerian Capital Market5207 Words   |  21 Pagesthe stock market SERE-EJEMBI, (2008). Around the world stock market indicators started falling. 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Monday, December 9, 2019

English essay for igcse free essay sample

Is single sex education the better route to results? Could you imagine learning in a class full of the same sex as you? No? Me neither. Leonard sax says that he feels single sex education is the key to get results from secondary schools, i don’t think so. School is supposed to set you up for life so by segregating the sexes it isn’t preparing you for that because in reality who goes to an all ladies or all man’s work place? I agree with sax when he says boys develop differently but this is why mixing them with girls is good because then they learn from each other the girls give the boys a certain level of maturity and the boys give the girls an element of fun. So is this the reason to separate the two? I think not. Separating the sexes is probably one of the most ridiculous ideas I’ve ever heard. We will write a custom essay sample on English essay for igcse or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It has also become apparent after some thorough research that boys like a cooler temperature of classroom and girls like it warmer, but still this is not a reason to separate the genders. Again I raise my point that it does not apply in the world of work when the children get older and go onto get a job unfortunately they have to deal with the temperature because there won’t be anything they can do about it. So why I ask, does Sax feel it appropriate to go into single sex education? To teach single gender classes you have to have gender modified teachers so that they can maintain and have the children’s best interests at heart this is neither practical nor realistic. There isn’t that many gender specific teachers around so normal mainstream teachers will have to go on the appropriate courses to learn about gender specific teaching in order to cater and apply gender appropriate skills, now tell me this is realistic? Precisely it’s not. I think saying that genders are bad influences on each other is in some ways true but in others a bit excessive. Genders learn from each other and it teaches them to get along with each other because again in the real world of work as much as they might not like it genders have to work together. I have raised this point a lot already but exposing genders to each other forms relationship and teaches them that actually they can work with each other when they go into a work place. Also by just going into single sex education the children may not want this forcing them to be worse when they get into the same sex school that they would attend. There are single sex schools around and it is optional and at the child and adults discretion weather they go there or not so it isn’t for Leonard sax or anyone else to decide  for them. Not only do boys and girls being in the same school educate each other about the sexes but it actually shows them a deeper insight around the opposite sex to them and see more behind â€Å"immature boys† or â€Å"attention seeking girls† it makes them see that no matter what sex you are we are all human. So to conclude single sex school isn’t the greatest idea I’ve ever heard and I certainly won’t support it becau se I know the benefits of gender mixed schools are greater than those that aren’t.

Monday, December 2, 2019

Nagging and flattery Essay Example

Nagging and flattery Essay Alison refers to her first three husbands as being old, rich and good. Alison always wanted her freedom to do what she wanted and to have affairs when she pleased. She easily outwitted her old husbands through nagging and flattery, when she pretended to be jealous.  Yet tikled I his herte, for that he/ Wende that I hadde of him so greet chiertee.  Alisons fourth husband was different and had affairs. Alison, however, enjoyed the social aspects of life with dancing, singing and drinking. At this point Alison becomes sentimental and shows her more vulnerable side. Alison got her revenge by flirting with other men. Her husband died when she returned from Jerusalem and she buried him cheaply, dismissing painful memories of him. Lat him fare wel, God yeve his soul reste!  He is now in his grave and in his cheste  The Wifes fifth husband provides Alison with her most unpleasant encounter with auctoritee. Alison married Jankin purely for love. Jankin may have been clever but not wealthy and Alison gives him all her goods once theyre married. Jankin is auctoritee without experience and preaches to Alison from his Book of Wicked Wives. This enrages Alison and she fights with Jankin who deafens her in one ear. Jankin thinks he has killed her and gives Alison back the power and control. We will write a custom essay sample on Nagging and flattery specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Nagging and flattery specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Nagging and flattery specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The Wife has a remarkably lifelike, three dimensional personality who is not afraid of showing her vices or virtues. She is noisy, pushy and bossy. She is open about her devious nature, and is always planning tricks and schemes. She is very practical woman, capable of running a profitable business and household. She is clever, and knows how to use her knowledge of scholarly and biblical texts to put across her opinions. Her main concerns are men, power and sex, and she is certainly attractively, wealth and looks. She is vigorous, enthusiastic and optimistic about life, showing nostalgia but not bitterness when she recalls her lost youth. She also has a warm and vulnerable side on a number of occasions. Efforts to silence her by the Pardoner and the Friar come to nothing; even Chaucer gets carried away with his talkative, outgoing creation. Whether we like the Wife or not, she certainly cannot be ignored.