Oil prices fluctuated in the international oil markets between the height and the slight decline to hover around $ 70 a barrel at the time which likely is some consensus that the decline in the levels of surplus oil supply during the current year .
He noted CEO of Royal Dutch Shell , through the Oil and Gas Conference , which was held in Kuala Lumpur recently that oil prices poised to leap in light of dwindling movement of new investments in the oil sector.
One analyst believes that a large part of the recovery witnessed in oil prices reflects those expectations that suggest the possibility of shrinking oil supply levels in the markets during the next phase .
Oil prices during the four decades :
1970: Select the official price of Saudi oil at $ 1.8 a barrel, according to the U.S. Department of Energy .
1974 :ban imposed by the Organization of Petroleum Exporting Countries (OPEC) during the War of October / cause in the first oil shock .
Exceeding the price of a barrel of oil imported by U.S. refineries $ 10.
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1979 :caused the Islamic Revolution in Iran in the second oil shock , and the price of a barrel of oil exceeded $ 20.
1980: Iran-Iraq war to pay the price of a barrel of oil for more than thirty dollars , reaching $ 39 early 1981.
1983: , oil prices began to put on the New York Stock Exchange to exchange goods .
The end of September / early October / October 1990 : more than the price of a barrel to $ 40 a short period before the first Gulf War .
May / 2004 : exceed barrel again the $ 40 threshold in the New York market .
September 2004: up to $ 50 price and the market worried about supply .
June 2005 : $ 60 a barrel .
The end of August / August 2005 : Hurricane Katrina hits the Gulf of Mexico and pay the price of a barrel of oil to more than $ 70.
- 12 September 2007: The price of a barrel " White Sweet كرود " exceed $ 80 and the market worried about the decline in U.S. oil inventories .
- 18 October 2007 : the price of a barrel up to $ 90
On the first of November, 2007, the price of a barrel to $ 96 .
In 6 of the same month record $ 97 a barrel and after any one day on November 7 to reach $ 98 on November 21 to $ 99.29 per barrel.
In the second of January 2008 record price of $ 100 a barrel .
After stops and his fans record of a barrel of oil in March 2008 price of $ 105 and then $ 111 in March 13 , 2008
July of 2008, the price peaked as record $ 147 a barrel and then prices collapsed to around $ 32 last December and finally began to recover , ranging at Borders seventy dollars .
He noted CEO of Royal Dutch Shell , through the Oil and Gas Conference , which was held in Kuala Lumpur recently that oil prices poised to leap in light of dwindling movement of new investments in the oil sector.
One analyst believes that a large part of the recovery witnessed in oil prices reflects those expectations that suggest the possibility of shrinking oil supply levels in the markets during the next phase .
Oil prices during the four decades :
1970: Select the official price of Saudi oil at $ 1.8 a barrel, according to the U.S. Department of Energy .
1974 :ban imposed by the Organization of Petroleum Exporting Countries (OPEC) during the War of October / cause in the first oil shock .
Exceeding the price of a barrel of oil imported by U.S. refineries $ 10.
.jpg)
1980: Iran-Iraq war to pay the price of a barrel of oil for more than thirty dollars , reaching $ 39 early 1981.
1983: , oil prices began to put on the New York Stock Exchange to exchange goods .
The end of September / early October / October 1990 : more than the price of a barrel to $ 40 a short period before the first Gulf War .
May / 2004 : exceed barrel again the $ 40 threshold in the New York market .
September 2004: up to $ 50 price and the market worried about supply .
June 2005 : $ 60 a barrel .
The end of August / August 2005 : Hurricane Katrina hits the Gulf of Mexico and pay the price of a barrel of oil to more than $ 70.
- 12 September 2007: The price of a barrel " White Sweet كرود " exceed $ 80 and the market worried about the decline in U.S. oil inventories .
- 18 October 2007 : the price of a barrel up to $ 90
On the first of November, 2007, the price of a barrel to $ 96 .
In 6 of the same month record $ 97 a barrel and after any one day on November 7 to reach $ 98 on November 21 to $ 99.29 per barrel.
In the second of January 2008 record price of $ 100 a barrel .
After stops and his fans record of a barrel of oil in March 2008 price of $ 105 and then $ 111 in March 13 , 2008
July of 2008, the price peaked as record $ 147 a barrel and then prices collapsed to around $ 32 last December and finally began to recover , ranging at Borders seventy dollars .
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