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Financial Analytics: Science and Experience
 

Current trends in global energy market

Vol. 6, Iss. 19, MAY 2013

Available online: 27 May 2013

Subject Heading: MARKET OF RESOURCES

JEL Classification: 

Kondratov D.I. PhD in Economic Sciences, Leader Researcher, the Institute of Europe, RAS
kondratov@ieras.ru

The main tendencies of the oil market over the last several years are analyze in the article. The explosive growth in crude oil prices during 2007 – the first half of 2008 was caused by speculations the current drop is not a temporary relief in the course of commodities super-cycle which can exist for a long time. Their ability to keep stable development of world economy becomes the basic principle of pricing for oil.

Keywords: oil, energy, shale gas, power, economy, crisis, stock

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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