Mover Oil Prices

Mover Oil prices have equality as factors driving the gold price, it is important for us to consider these factors in order to assist in identifying opportunities in managing transaction activity.

Some fundamental factors that are essential for oil we observe. So as to move the crude oil prices dramatically:

1. Offers and supplies

Level of supply or supply of oil in the world is the most fundamental factor. The decline in oil prices caused by the swelling of very sharp crude oil stocks. When the oil producing countries start reducing their production, oil demand would continue to rise.

Political tensions that occur in regions or countries, especially the oil producing Middle East region, based on historical records, has affected the price of crude oil in the world market. Any interference that could affect oil supplies either real or just a rumor can affect prices dramatically.

2. Request

Economic sectors are still using the main source of oil as fuel production and transportation. So if global economic growth drove fast, as well as the demand for crude oil. The more rapid economic growth is running, will the higher the demand for oil.

Accelerating economic growth is usually faster in developing countries, economic growth in countries like China who shot and has created demand for crude oil enormous. The process of economic recovery from the crisis also helped boost demand for crude oil as economic actors need more fuel than when a crisis occurs.

3. speculation

There is a close relationship between world oil prices with inflation that occurred, especially in developing countries, as happened in Indonesia, the price of crude oil impact on inflation at 4.3%.. In the world market, oil prices generally move in opposite with inflation.

Investors typically buy the same oil as buying gold, namely when the decline of U.S. dollars to protect the value of their assets (hedging). Reinforced almost all the world's oil traded on the basis of USD, so each time increasing the pressure against the dollar occurs, support for the increase in crude oil prices higher.