Why Do Some Guys Paint Their Pinky Nails?

is clouding the future of the global economy.

While the price escalation that has been observed in the crude market is already public knowledge, the expectations that exist about the global economy is not an issue known to all.

Some analysts are betting on a severe recession next year. And is that the price of oil, adjusted for inflation, was not as expensive since 1980. But for that to happen would take a big shock on oil supplies so that triggered prices above $ 100. And

increases are explained by a combination of geopolitical factors and not by supply problems-certainly other analysts expect most optimistic that the global economy weakens only . And for this to be true, requires that oil exceeds U.S. $ 80 per barrel made not far from our current reality. The week before oil hit a record high above $ 78 a barrel after the escalation of conflict in the Middle East.

Although oil last Thursday loosened its upward trend, closing on Friday at a price between $ 74 and $ 75 the week starts with expectations is not very encouraging.

The escalating conflict in the Middle East, the missile program of North Korea and Japan warning of attack in case you drop or spend a missile over its territory and rebel attacks on production infrastructure oil in Nigeria, would prolong the upward trend in oil prices.

The unknowns that remain unresolved

Although OPEC says in its latest monthly report that next year the price of oil will decline. The scenario we see today leads to price in the opposite direction, thus raises important questions to resolve, some of them were the breakthrough:

How much is speculation in the oil price increases?. Does
upward cycle of interest rates has come to an end?.
Do we face a slowdown in U.S. economy?.
"The slowdown in the U.S. will be offset by an acceleration in Europe?.
"Chinese consumers will be able to take the place to stop the Americans if the U.S. economy weakens?.

Updated Friday 28:

Geopolitics unrelieved Go up again oil prices, mainly due to fears about Nigeria and the Middle East.

Blog Through the Livermore came to this site, it will find an analysis of the topic Nigeria and its effects.