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Showing posts from November 9, 2008

Class of Indian Constitution :-)

7th semester is all time favorite for all my classmates.... It has been a great semester as of now.. exams abt to start.... the following few things have really been a trreatttt....
We are into post graduation classes with no extra burden of studies.. the study pressure has become less than 8th class even....The number of lectures are yet to reach a three figure in total( means if u add all subjects , u'll find it difficult to reach 100)..We hve already been to one industrial trip.. it was a fun filled trip...We have a subject called Indian Constitution... tht is everyone's favourite.. :-)Indian Constitution.. probably a glorious set of 400 + articles , 12 schedules and so many sections for the country.. a set of rules , regulations tht makes our country republic... but for seventh semester.. it is beyond these paper mantras... 
It is a class where everyone is studying everything except the 12 schedules, everyone is just too busy with work...
If i ask myself abt the class of cons…

Crude Oil trend :-)

Crude oil has been showing a dramatic pricing movements this year... It is not the first time crude oil's stability has been hurt, a lot many times it keeps on changing... Crude oil is a dollar denominated commodity, for sure the prices of dollar make an impact on its prices... 
There was a time when prices reached 140$ a barrel, so the price of one barrel is around 60$


The balance of demand and supply is tight with daily demand of roughly 86 million barrels per day, almost the same level as daily supply.

Some of the major issues are:
1. Dollar weakness and funds A combination of weaker performance in other asset classes and expectations of continued strength across the commodities complex has drawn in investors and speculative funds, providing further support for the market.
An added incentive for them has been the weakness of the dollar against other major currencies, which makes dollar-denominated commodities relatively cheap.
This made a rise in prices of crude oil... 
2. OPEC STORY Th…