Essays on Plunge

Oil Prices Fluctuating In the Middle East

Introduction Oil being a commodity is subject to high levels of fluctuations as opposed to the stable investments like bonds and stocks. In particular, Organization of Petroleum Exporting Countries (OPEC) plays a significant role in influencing the prices of oil across the globe. As a result, OPEC controls around 40 percent of the global supply of oil by setting the production levels that caters for the world demand and it can determine the prices of gas and oil by reducing or raising the levels of production. At a particular point in time, OPEC vowed to maintain the prices above $ ...

CONCLUSION

5. Conclusion The research was conducted complying with a predefined set of tools, techniques, and methods. It was accomplished without exceeding the limit of time and other resource allocated for this purpose. This chapter sets out to throw light as to what degree the study has succeeded in meeting research objectives and how it can be applied to managerial level. It is followed by detailed identifications of future prospects of research based on the current study. Finally, the researcher draws attention to some of the drawbacks of the research project along with an assessment of their impact on overall ...

Literature Review

It is found that oil prices have undergone critical decline over past couple of years for several reasons at the bottom of this decline. However, reducing demand triggered by increased production of oil in USA, over production by OPEC, and shift towards renewable sources of energy is considered the most fundamental reason behind current downtrend of oil prices. It conforms to the simple theory of demand and supply according to which demand and price are in positive, while price and supply are in negative relationship with each other (Stafford, 2015; Scott, 2015; Goldenberg, 2016; Arnold, 2008; Hensher, Rose, & Greene, ...

Introduction

Market economies constantly change depending on the demand and supply of goods. The demand and supply of a particular service or good is dependent on the unique characteristics of the product that determines the quantity that individuals in the particular market are willing to consume. Other important determinants include the price of the product, the consumer’s preferences; the price of other related products as well as the demographic and income characteristics of the population (Rittenberg & Tregarthen, 2012). The concepts of supply and demand studied in the course are crucial concepts in economics as they are the backbone of ...

Before I watched the adaptation of the eponymous novel by Jane Austen, I had the opportunity to know directly the product. I love syllable of Austin, her brushwork, irony and subtle English humor, behind which lies the limitless depth: the philosophical view of things, the principles of steel and tender feelings, capable of sacrifice. Her works are distinguished by a certain purity and innocence. It is touching for me, the representative of pampering generation and frankness in the relationship between men and women, invisible thread between Emma and her chosen one held in the exciting voltage. Jane Austen is ...

Types of Social Challenges Faced By Indian Students in Melbourne Tertiary Universities

Overview of existing research Whereas there have been worrying acts of hostility, Australia is commonly considered an excellent practice country in its international student experiences, migration policies, and assimilation of people from diverse backgrounds. Despite a normally upbeat track record, room and chance for improvement are always there, as recent shortcomings in the experiences of international students in Australia indicate. Recently, foreign students living in Australia have been physically attacked and in fact murdered. Victimization is a shameful and painful experience and must not be condoned in any institutional arrangement or public policy, yet, it still happens even in ...

Executive Summary

Corporate social responsibility is an issue that needs to be upheld by all firms in the market. This ranges from the large to small firms. The essay will therefore look into the corporate responsibility in connection to Volkswagen. The company has been facing issues due to the diesel emission of their vehicles that later translated to a scandal. The company depicted inability to provide the right information regarding its emissions. The essay will also give some of the recommendations that the company undertook and the implications on the various stakeholders and the mission as well as the corporate responsibility ...

Business

Executive Summary: The value of oil in spurring growth and development in world economy is undeniable. In the last 100 years, the allure for oil has increased. This development is anticipated to surge until an substitute sources are discovered. Bp is among the global and outstanding oil company of revered repute. However, its businesses practices have been compounded with environmental challenges which it needs to solve. Recent oil spill in the Gulf of Mexico highlights gives a credence why it is important for the business to implement environmental compliance policy. It is reported that around 174 million gallons spilled ...

Introduction

Since the mid XX century, the oil industry occupies a leading position in the global energy sector. A prerequisite for the implementation of large-scale long-term investments in the oil industry under the condition of a favorable outlook for oil demand in the world market is the availability of relevant geological reserves of oil in a particular region and the world at large. OPEC-countries account for over 40% of world oil production. Especially, the Middle East, particularly the Gulf basin, where there are the largest oil fields in the world, is rich for oil reserves (OPEC, 2015). Oil is extracted ...