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Fear and Loathing in the Oil Markets.
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- Author(s): Foroohar, Rana
- Source:
TIME Magazine. 3/14/2011, Vol. 177 Issue 10, p22-22. 1p. 2 Color Photographs.
- Additional Information
- Subject Terms:
- Subject Terms:
- Abstract:
The article presents an overview of the factors, including increased demand in China and other emerging markets and increased investor interest, that have led to increased oil prices in 2011 despite the fact overall supply and demand levels remain stable across the globe. The impact that political and social issues in countries in the Middle East have on global oil prices is examined.
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