Due to the adjustment of oil production, especially net oil production, oil price has a direct impact on its comparison. The Organization of Petroleum Exporting Countries, which I am familiar with, was established in 19609 and 14, and its purpose is to coordinate and unify oil policies and safeguard their respective interests. Members of the Organization of Petroleum Exporting Countries have changed their history to 12: Saudi Arabia, Iraq, Iran, Kuwait and United Arab Emirates. Qatar, Libya, Nigeria, Algeria, Angola, Ecuador and Venezuela. At present, the organizers control about 78% of the world's oil reserves and provide crude oil to meet about 40% of the world's demand.
Situation The Organization of Petroleum Exporting Countries aims to ensure the stability of oil prices in the international oil market by eliminating harmful and necessary price fluctuations, and ensure that all members can obtain stable oil income under any circumstances. Oil consumption can provide sufficient, economical and long-term oil supply, which is an important force to ensure the stability of crude oil prices.
Second, the influence of war factors.
Due to the influence of crude oil raw materials and various industrial products on social consumption, the world crude oil reserves are all calculated, which affects the production and transportation of crude oil. The amplitude of capital oil price is 20 1 1. During the Libyan war, due to the war in Benghazi, an important crude oil transportation port in the east, the evacuation of employees of foreign oil companies was greatly affected, and the output dropped to half. Oil prices reached an all-time high in 2009. The protracted Iran-Iraq war is more direct. The second oil crisis was triggered, and the threat of retaliatory war affected oil prices. The historical situation is mainly concentrated in the third East War of the Organization of Petroleum Exporting Countries mentioned above in the eastern region. By taking advantage of its own oil reserves, it gradually strengthened the right to speak about crude oil pricing, and the price of crude oil rose from $220 to $3 a barrel. In the fourth Eastern War, the Arab League defeated the Organization of Petroleum Exporting Countries and retaliated against Europe and the United States. Israel supported more crude oil prices, and the price rose from $3 to 13, which triggered the first oil crisis.
Third, the demand factor
1, global economic status
The blood of modern petroleum industrial society affects the global economy, which in turn affects the price of crude oil: the global economy continues to prosper, and the overall demand for crude oil increases and the demand decreases. The global economy has been hit hard and the price of crude oil has been suppressed. The historical high point of crude oil price is now on the eve of the full-scale financial tsunami in 2008. With the global economy hit hard, the price of crude oil did not reach the high point of 147 USD.
2. Changes in global crude oil inventories
Although it is always said that the global crude oil inventory can only supply dozens of global crude oil demand, the change of crude oil inventory can sensitively reflect the change of supply-demand ratio in the global crude oil market. The increase in inventory basically shows that crude oil is demand supply now, while the price of crude oil is demand supply. The relevant report of the International Energy Agency is very important.
3. The influence of climate factors