World Oil Market in Review - 2008

A chart room presentation of developments in the world oil market during 2008 is available to download using the link at the end of this blog entry. This has been a year of remarkable price volatility with crude prices reaching a record high in July of $147 but within a matter of months, by the end of the year prices had collapsed – on one measure light sweet crude oil fell below $40 a barrel. The chart room presentation also includes a selection of links to BBC and Sky News videos on aspects of the oil market and its micro and macroeconomic effects.

Download the tutor2u chartroom presentation on the Oil Market in 2008

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Unit 2 Macro: The UK Balance of Payments in 2011 [4 Apr 2012]
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Assorted Links (5 Jan 2010) [5 Jan 2010]
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Green gold in Tanzania [14 Dec 2009]
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Peak oil theory and economic implications [25 Oct 2009]
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Q&A: What is hedging? [1 Jun 2009]
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Globalisation and EU labour law [3 Feb 2009]
The Economic Downturn Radio 4 [25 Jan 2009]
DVD Heaven [25 Jan 2009]
2008 - A Year when Bubbles Burst [31 Dec 2008]
Downturn USA [28 Dec 2008]
Economics of energy - over a barrel [22 Dec 2008]
OPEC’s biggest cut [17 Dec 2008]
Crude oil prices and rig counts [12 Dec 2008]
Paradox of Thrift and State of the Economy [25 Nov 2008]
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Stagnation and other breakfast reading [29 Oct 2008]
The Credit Crunch in Charts [23 Oct 2008]
Price mechanism in action - something fishy is going on [23 Oct 2008]
A great example of how to get fingers burned trading in oil [23 Oct 2008]
Sharp fall in commodity prices [9 Oct 2008]
Farewell to Declan - Business at Breakfast will never be the same again [22 Sep 2008]
Another upward spike in inflation [16 Sep 2008]
Crude oil heads below $100 a barrel [9 Sep 2008]
Investing the proceeds of the oil bonanza [8 Sep 2008]
Economic cost of fuel subsidies [17 Aug 2008]
Some Good Radio Programmes [17 Aug 2008]
Oil - a coming supply crunch? [8 Aug 2008]
Light at the end of the pipeline? [16 Jul 2008]
15 Charts on the UK Economy to Kickstart Lessons in September 08 [14 Jul 2008]
Global oil industry in figures [12 Jul 2008]
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Gasoline prices and taxation [11 Jul 2008]
High oil prices threaten Asian trade model [7 Jul 2008]
Oil dependency and market failure [3 Jul 2008]
Expectations and oil prices [1 Jul 2008]
Reverse de-coupling may save the USA’s bacon [1 Jul 2008]
The Squeeze is on! [24 Jun 2008]
Will your grand-children fly? [22 Jun 2008]
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