Thursday, August 26, 2004
Reason oil price goes up
Today i have opportunity to join a conference on about stock exchange from Finansa securities ltd.
The toppic wasn't that interesting. mostly was about how thailand stock in the past, talk about SET index, etc. and later talks about it's company. But one part that the guest speaker caught my attention is that the oil prices that has been raising is partly from the Iraqi war, OPEC, suspension in the oil refinery in Russia. But more over is the speculation in oil fund. and one of the big guy is once again Mr. Soros.
She also went on that some traders are expecting the oil price to reach 100 dollars / barrel.
if that really happens i really wonder how the world economy, and espcially thailand going to be?
The toppic wasn't that interesting. mostly was about how thailand stock in the past, talk about SET index, etc. and later talks about it's company. But one part that the guest speaker caught my attention is that the oil prices that has been raising is partly from the Iraqi war, OPEC, suspension in the oil refinery in Russia. But more over is the speculation in oil fund. and one of the big guy is once again Mr. Soros.
She also went on that some traders are expecting the oil price to reach 100 dollars / barrel.
if that really happens i really wonder how the world economy, and espcially thailand going to be?
