Oil price was decreased become to US$ 86/ barrel
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (226) • October 13th, 2008
Demand of oil raw material has been decreasing by continously. Now, oil consumption average was reached 18,7 barrel per day has decrease till 8.6 percent from the last year.
Oil market has depend on the decreasing of stock price in the global stock market. Although international banking institution has coordinating to decrease theirs interest rate but it was not a guarantee to cover the global economic crisis.
The Central Bank are consist of The Federal Reserve Bank (The Fed), Europe Central Bank (ECB), Bank of England (BoE), Canada Central Bank, Swedia Central Bank and also Swiss Central Bank.
Before the Central Banks doing some intervention by decreasing the interest rate, the oil price was US$ 86/ barrel. Since 2007 year’s the oil price was reached the maximum price on Juli 2008 which reached US$ 147/ barrel.
Topic: Business, Government, Industry, Invesment, News
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