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  • The Fall of Crude Oil Price in 2014: Presented By: Man Jul Joe

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    KJoe Wong
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    The document discusses the fall in crude oil prices from 2014 to 2015, presenting factors such as innovative drilling techniques releasing shale oil and gas in the US, a weaker US dollar, OPEC production cuts opposed by Saudi Arabia, and declining Asian demand due to inflation. It addresses the impacts of falling prices including cheaper energy costs, effects on real income, and implications for fiscal policy. The presentation concludes with an invitation for questions.

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    Oil Price Reduce in 2014

    Original Title

    Oil Price Reduce14

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    The document discusses the fall in crude oil prices from 2014 to 2015, presenting factors such as innovative drilling techniques releasing shale oil and gas in the US, a weaker US dollar, OPEC production cuts opposed by Saudi Arabia, and declining Asian demand due to inflation. It addresses the impacts of falling prices including cheaper energy costs, effects on real income, and implications for fiscal policy. The presentation concludes with an invitation for questions.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    7 views6 pages

    The Fall of Crude Oil Price in 2014: Presented By: Man Jul Joe

    Uploaded by

    KJoe Wong
    The document discusses the fall in crude oil prices from 2014 to 2015, presenting factors such as innovative drilling techniques releasing shale oil and gas in the US, a weaker US dollar, OPEC production cuts opposed by Saudi Arabia, and declining Asian demand due to inflation. It addresses the impacts of falling prices including cheaper energy costs, effects on real income, and implications for fiscal policy. The presentation concludes with an invitation for questions.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 6

    Presented by:

    Man Jul
    Joe

    The Fall of Crude Oil


    Price in 2014

    Introduction
    Oil

    price as one of the main energy


    supplier
    Average of oil price per barrel
    between 2011 2014 (USD 109)
    Towards end of 2014 and beginning
    of 2015 (USD 49.66)

    Decrease of Oil Price


    Innovative

    drilling method releasing


    oil and natural gas from shale
    minerals
    US Dollar Weakens
    Maintaining oil production in Islamic
    State despite War

    Decrease of Oil Price


    (cont)
    OPEC

    group pressure

    Cut Production opposed by Saudi Arabia

    Oil

    Demand declined Asian


    countries
    Inflation

    Impact of Oil Price


    Declining
    Energy

    cost becomes cheaper


    Real Income Shift
    Fiscal Policy

    End

    Questions ?

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