Port Report Essay Example | Topics and Well Written Essays - 1000 words

Port Report - Essay good exampleThis resulted in the reduction of retail gas price from USD 3.31 to USD 2.27 during the year 2014. While this has the positive effect on the consumer purchase pattern, the impact of such fall on the investment pattern, particularly the GCC stocks needs detailed investigation. As it is just the first quarter of 2015, the analysis of current inunct prices fall cannot be done powerful since its effect on stock investment needs longer period of observation. Hence, this paper has taken an in-depth bearing at the relationship between anoint pricing and stock investment, as well as familiar economic conditions, within GCC and across the world, during the recent past. Accordingly, 2008 financial crisis, coupled with cyclic fall in oil prices finds greater attention in the following paragraphs.As supply and demand equation determines the price of either commodity, political forces prevailing in the oil producing countries determine the supply position fo r oil, largely. Technological innovation similarly plays a major role here. Many political decisions by countries across the globe influence the oil pricing. For example, the cause of recent Russian currency debacle has relation to the falling oil prices. Although under traffic pattern conditions, falling prices would result in reducing the production, OPEC countries are not doing it, as they want to retain their correspond over oil production. This is also seen as an attempt to make oil production unsustainable by American producers, who are utilizing advanced technology to increase shale oil production in a major way.(Stefanova, 2014)Consumers in Western countries take falling oil prices as an instrument to result in lesser revenue burden. This way the falling oil prices prove to be positive for the global economy, as these countries can pure tone for heavy reduction in lower inflation rates. While many advanced economies may go for deflation measures, the falling oil crisis has hit the currencies of Norway and Canada in a major way.(Buttonwood,