The reason for the drop in crude prices and the
offering of discounts by some OPEC members is a consequence of years of
inflated price fixing by everyone directly involved in crude production.
The world economy is in a slump and will continue to
fall as Chinas production rate falls, Europe will also show more week spots,
the US shows a production increase of one digit, far below estimates.
The only way out for OPEC to maintain its production
crude prices level, will be $85 per barrel, fixed price, for at least three
years.
This measure will stabilize demand, increase
consumption and allow economies to strengthen.
A rigorous control by crude producers and governments
in maintaining prices at $85 per barrel will as shown, be the best advantage to
a recovery of the world economy.
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