Countdown world oil reached $ 100 research expectations of continuing tight 18 months.

Just another in a moment that oil prices in world markets. Be improved to $ 100 per barrel. Cross the lower end of new record of dollar value. A problem resulting from sub-loan crisis, and peaceful, tight The distribution is wide spread in the U.S. financial markets now.

The contract price of NYMEX crude oil market in December delivery was up $ 98.03 per barrel. During the trading day on Wednesday 7 November at the price of crude oil reached a record time of 97.10 dollars per barrel before. While diesel fuel in Singapore to move above $ 105 per barrel and gasoline prices above $ 99.

The soar of oil price is. After a record low dollar value The dollar value reduced Allows buyers to hold the currency you can buy more oil is also expected. U.S. oil reserves will decrease. That both these factors pulling to buy a spoon into the oil speculation. Oil traders said markets in Japan are crazy. Investors just want to wager money and that Prices will increase While the oil trade กัน take your concerns about tight winter fuel in from the storm in the North Sea. Dollar value decreased It is increasingly expected that U.S. Federal Reserve or FedEx. Will reduce the interest in early December. Because they face tight credit conditions. And the U.S. economy is weak. The slowdown may be severe. Due to the sub-loan crisis of Delinquent peaceful, relaxing, home to the buyer. With low reliability. Results and continued to reflect the U.S. banking system. To fund the enormous value of $ 7.5 billion. To help purchase the real estate debt. To bear not to slump too much.

In addition, new research Cambridge Energy Research Association. Indicate that the cost of oil and gas production rose 11% during 6 months ago And is expected to continue to increase. This will force power companies are being called from different countries. Reduce its profit to increase the Cambridge Energy Research Association. The company provides information and advice is also indicated. Cost of building new refineries and petrochemical plants, increased 8 percent during the past six months. Allow oil and gas industry worldwide. Are affected by the increased cost of production. The high cost environment will continue as a time to be at least another 12-18 months.

As the U.S. Energy Information Committee reported. World oil market will be tight. Because the world oil demand growing faster than oil supply outside OPEC group. Circumstances such as this to create a pressure group in OPEC oil production increase also the fundamental cause of oil price volatility. Also includes risk geopolitics. Reserves in those countries rich strained. And limitations in refining worldwide, so it is expected Crude oil price stays high. And volatility. And oil prices are expected up to $ 100 per barrel in the near term, this