[postlink]http://newslightingtechnology.blogspot.com/2008/12/oil-prices-could-fall-in-2009-to-us.html[/postlink]Jakarta - The price of crude oil burners penetrate the world's estimated level of U.S. $ 25 per barrel in the first mid-2009, especially if the slowing world economy took correct China's economic growth.
"The temporary oil price to below U.S. $ 25 per barrel it is very possible, especially if China took affected the global recession," said Merrill Lynch research, as quoted Reuters, Sunday (7/12/2008).
Research says the decrease in world oil prices continue to occur along the lines quarter-2009 to find the saturation point entering the quarter-II 2009. However, Merrill Lynch research project future world oil prices move back up in the second semester, 2009.
"As the world's economic activity: Send in the second semester-2009, the price of oil will fade to recover and move up," he explained.
Penetrate the oil price was the highest level in history at the level of U.S. $ 147 per barrel in July 2008. However, not until one semester, the price of oil back anjlok more sharply from U.S. $ 100 to U.S. $ 40 level per barrel. Weaker oil prices continues, along with the threat of weaker world economic growth due to the global financial crisis.
International Energy Agency (IEA) project global oil demand period 2008-2013 to be lower at 1.2% of all estimated to grow 1.6%.
Previously in July 2008, IEA predicts oil demand will rise from 86.2 million barrels per day in 2008 to be 91.3 million barrels per day in 2013.
Economic recession that the U.S., EU, Japan and other countries, has made investors worried that oil demand in industrial countries will be weakened, particularly from China.
"The temporary oil price to below U.S. $ 25 per barrel it is very possible, especially if China took affected the global recession," said Merrill Lynch research, as quoted Reuters, Sunday (7/12/2008).
Research says the decrease in world oil prices continue to occur along the lines quarter-2009 to find the saturation point entering the quarter-II 2009. However, Merrill Lynch research project future world oil prices move back up in the second semester, 2009.
"As the world's economic activity: Send in the second semester-2009, the price of oil will fade to recover and move up," he explained.
Penetrate the oil price was the highest level in history at the level of U.S. $ 147 per barrel in July 2008. However, not until one semester, the price of oil back anjlok more sharply from U.S. $ 100 to U.S. $ 40 level per barrel. Weaker oil prices continues, along with the threat of weaker world economic growth due to the global financial crisis.
International Energy Agency (IEA) project global oil demand period 2008-2013 to be lower at 1.2% of all estimated to grow 1.6%.
Previously in July 2008, IEA predicts oil demand will rise from 86.2 million barrels per day in 2008 to be 91.3 million barrels per day in 2013.
Economic recession that the U.S., EU, Japan and other countries, has made investors worried that oil demand in industrial countries will be weakened, particularly from China.
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