This is what I see in the future of oil prices
Price falls in the long run
Why?-How?
There are so many things
Factors and non-core factors
can be mentioned
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Of the non-core factors that are at the bottom of the price
starting
Coming new technology for future
New fuels in the next few years
Discovering new oilfields in the world
Less affiliates People to oil
These are non-essential factors that are high and can not be cited
----------------------------------------------------------------------------------
But the main factors that will occur in the future to decrease oil falling down price
Can be pointed to:
Gaining the value of the American dollar in the world
1) Compared to other countries currency in the world
And the weakening of the money in other countries
In the next few years
Relative to the US dollar.
2) Stronger global knowledge To extract oil faster -Newer technologies to extract
Applying new oil extraction technologies
3) Discover new oilfields for extraction with the help of new oil discovery technologies
4) Increasing world oil production
5) *A critical factor in lowering the price of oil in the future:
The growth of the US economy and China
And the saturation of economic growth between the two countries, the United States and China
What is the saturation of economic growth?
And what impact does it have on oil prices?
The saturation of economic growth means that
A country will grow at an over-growth rate
When saturated
Time correction
And the downfall of economic growth
And when economic growth goes down
The demand for oil in the market also declines
Because factories and industries need oil to produce their products
And when the rate of economic growth is low
Factories and industries reduce demand for oil purchases
And this will reduce the price of oil
6) Global politics
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So in general it can be
In the future, oil prices going down
Unless something else happens
----------------------------------------------------------------
Thanks for reading
----------------------------------------------------------------
In case of support
From analyzes
You can help
By paying bitcoin-Adress BTC :
3Fu1Uec5JZBcWYqwUGa1eUHYTxAHXG96DY
----------------------------------------------------------------
Price falls in the long run
Why?-How?
There are so many things
Factors and non-core factors
can be mentioned
-------------------------------------------------------------------------------
Of the non-core factors that are at the bottom of the price
starting
Coming new technology for future
New fuels in the next few years
Discovering new oilfields in the world
Less affiliates People to oil
These are non-essential factors that are high and can not be cited
----------------------------------------------------------------------------------
But the main factors that will occur in the future to decrease oil falling down price
Can be pointed to:
Gaining the value of the American dollar in the world
1) Compared to other countries currency in the world
And the weakening of the money in other countries
In the next few years
Relative to the US dollar.
2) Stronger global knowledge To extract oil faster -Newer technologies to extract
Applying new oil extraction technologies
3) Discover new oilfields for extraction with the help of new oil discovery technologies
4) Increasing world oil production
5) *A critical factor in lowering the price of oil in the future:
The growth of the US economy and China
And the saturation of economic growth between the two countries, the United States and China
What is the saturation of economic growth?
And what impact does it have on oil prices?
The saturation of economic growth means that
A country will grow at an over-growth rate
When saturated
Time correction
And the downfall of economic growth
And when economic growth goes down
The demand for oil in the market also declines
Because factories and industries need oil to produce their products
And when the rate of economic growth is low
Factories and industries reduce demand for oil purchases
And this will reduce the price of oil
6) Global politics
----------------------------------------------------------------
So in general it can be
In the future, oil prices going down
Unless something else happens
----------------------------------------------------------------
Thanks for reading
----------------------------------------------------------------
In case of support
From analyzes
You can help
By paying bitcoin-Adress BTC :
3Fu1Uec5JZBcWYqwUGa1eUHYTxAHXG96DY
----------------------------------------------------------------