Price drop of crude oil Essay Example | Topics and Well Written Essays - 500 words

Price drop of crude oil - Essay Example In addition, several deals that America has made with war-torn oil-producing countries. The art article addresses the factors mentioned above. The quantity of crude futures declined in the recent past on concerns that the global oversupply is hurriedly filling oil stocks. Total petroleum output in the year 2015 is expected to go up to 9.35 million barrels every day. The quantity is slightly more than the 9.3 million barrels daily forecast in the previous period, the Energy Information Administration (EIA) highlighted last week in its monthly short-term energy outlook. Independently, oil stocks went up more than anticipated marking the several consecutive week of a higher overall than at any other time for the last 80 years and more. The American commercial crude oil stocks rose by approximately 4.5 million barrels from the previous week; the EIA said Wednesday. Another reason weighing on oil price is the OPEC policies on the export of crude oil to the global market. As a result, the American oil output could be adversely affected in the recent years due to low oil prices offered by the OPEC countries. In addition, OPEC also outlines that the lower global oil prices may have affected the marginal barrel output from other sources, such as shale. The OPEC is a significant body in the oil industry. Therefore, its decisions and marketing affects trade in crude oil because it controls a large percentage of the world’s fuel production. As such, any decision that they make directly affects the market prices of the commodity (Why the oil price is falling , 2014). In this case, the petroleum trading block may take actions targeting their competitors in order to establish gain control of a larger market. Such activities may include flooding the market with the commodity leading to market forces coming into play and hence price decline.

Is nothing private Case Study Example | Topics and Well Written Essays - 750 words

Is nothing private - Case Study Example Monique Masters that her quest is honorable aimed at offering more good than bad. The main ethical issue in the case is primarily the privacy and confidentiality of all persons who holds driver’s license. The case is characterized by a number of relevant details. To start with, FatAway’s president, Monique Masters presents her need to advertise for a newly developed product line. The products to be advertised are deemed safe, reliable and effective. The advertising undertakings are referred to an advertising agency that is supposed to gather specific and relevant information for the advertisement, design the advertisement and further market the entire campaign. The information required is available, but not specifically gathered for advertisement and marketing purposes. Another relevant detail that pertains to this case is the procedure to use in getting the required information. The advert needs to identify the ten fattest people in each state. This information is dependent on getting access to all persons who hold driving licenses. Once this is done, their height and weight is to be matched and the grossly fat persons identified for the advertisement pursuit. The identified persons will be asked to consent to the move, with those who get into a weight loss program getting paid for every pound of weight lost. The other detail is that of getting access to the required information. The privacy and confidentiality of the information held by drivers’ registries seems to be jeopardized. This is regard to the alternatives available in getting access to this information. Subscriptions are allowed and even in some cases secretaries of state provide this information at a cost. Business and professional conduct is therefore central to the dealings between Monique, the Advertising Agency and the Executive account Manager. The case details therefore revolve around the FatAway Inc., the advertising agency and its