World Market of Oil: Key Factors

Abstract

The article deals with the preconditions, organizational model, and the main factors that determined the fall of prices on the world oil markets in 2014, we studied the most important both objective and subjective aspects of the extremely nonequilibrium price dynamics caused by the global financial manipulations in world oil markets. Analyzed key trends change the financial policy of the USA, passing by inflirovaniya dollar and the credit pump contributing to the weakening of the dollar to the measures aimed at strengthening of the dollar; measures designed to format the most important financial and stock markets in the US and the UK, where the bulk of the operations carried out with the oil; measures to streamline the policies of some countries (OPEC and others.); measures for the “Building” of the corporate sector; information policy forming “reflective” reaction of players in the financial and commodity markets, as well as the governments of oil-consuming. On the basis of the key trends to develop an organizational model that includes the sequence and interaction of these factors with access to the main market players excretion of large amounts of money from derivatives and futures on oil, naturally lead to the collapse of oil prices. The conclusion about the necessity of forming common markets of oil and petroleum products EAEC, including the unification of the regulatory framework in relation to the sale and transportation of oil and oil products, as well as the formation of an integrated international - under the EAEC - a mechanism of regulation of oil and oil products, including pricing issues.

Keywords

• oil
• markets
• prices
• derivatives
• exchange trade