Why the oil price rises 10 June 2009 when even the crisis is far from reaching its end, beyond the first hopeful signs, the price of oil has come an upward trajectory in the last time that allowed him to regain a good proportion of their value. In May the price of oil climbed more than 26 percent and accumulated in the year a rise exceeding 50% does have solid foundations for follow up?To be able to predict, with a tolerable level of approximation, the evolution of the price of a barrel of oil for the remainder of the year, is certainly a very hard mission. I think that it is more difficult to predict how will evolve economic variables that affect the price of crude oil, it venture will evolve as the international political context. Iran continues threatening, and Al-Qaida is thinking about entering action special advancement * Where is China investing your money now? In a strategic alliance with a South American company that will bring them to both strong advantages in the short, medium and long term. What is this company? Already soon we will disclose it is. Watch out for the next advances in LATINFORME journal, where we will detail next bid launch of the report in which we will announce the name of this company and others that will benefit from the Asian giant.
But they are not Chinese nor Argentine promises. This Alliance is already underway and this company has found just what was in need to strongly boost its production. There are already investing in this company until the news is widely conocida.* * in the day yesterday and for the first time in seven months, the price of a barrel of oil exceeded US $70. Depends on how you want to look at this glass, optimists will recognize that the price of oil has experienced an interesting and unexpected recovery so far of the year.