SOLUTION! Hi, I am looking for someone to write an article on the main forces driving the market for oil Paper must be at least 2500 words. Please, no plagiarized work!

Article Writing

Hi, I am looking for someone to write an article on the main forces driving the market for oil Paper must be at least 2500 words. Please, no plagiarized work! The first spike in the price of oil occurred in 1974 when the price of oil shot up to more than $10 a barrel as a result of the Arab embargo on oil owing to the Arab-Israeli war in September 1973. This was a significant event in the history of oil, as it demonstrated the power of oil in its impact on world economics and politics. (Williams, L.J. Oil Price History and Analysis).

Haven’t Found The Relevant Content? Hire a Subject Expert to Help You With
SOLUTION! Hi, I am looking for someone to write an article on the main forces driving the market for oil Paper must be at least 2500 words. Please, no plagiarized work!
Post Your Own Question And Get A Custom Answer
Hire Writer

The period from 1974 to 1978 world oil prices remained more or less stable and turbulence-free. Prices remained in the $12 to $14 a barrel range. (Williams, L.J. Oil Price History and Analysis). However, two political incidents were soon to disturb this period of calmness. The Shah of Iran was deposed in 1979 and a theocratic government with a strong anti-American stance emerged from this revolution in Iran. This was enough to trigger a sharp rise in the price of oil around the world and was compounded by the Iraqi invasion of Iran in 1980 and as result oil prices jumped to $40 a barrel. (Sjuggerud, S. Dr History of Oil: The Single Greatest Prize in All History).

This spurt in oil prices was to have two reactions. Exploration for oil in countries outside the OPEC (Organization of Petroleum Exporting Countries) became more frenetic on one side and the OPEC countries increased production to stabilize prices leading to a drop in prices and by mid 1986 prices of oil dipped to as low as $10 a barrel with the increased production of oil outside the OPEC countries and within the OPEC countries. (Williams, L.J. Oil Price History and Analysis).

In an effort to raise the low prices of oil, OPEC brought in a quota of production for the member countries and fixed a price objective of $18 a barrel in December 1986. This self-enforced discipline by OPEC showed signs of failing even by early 1987, with member countries overshooting the production quotas accepted by them, leading to a drop in prices of oil below the $18 a barrel objective.&nbsp.&nbsp.

Written Assignments
Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Why Choose Us?

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, our Written Assignments has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keeps up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention to deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At Written Assignments, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: support@writtenassignments.com.

Try it now!

Order Now to Get 20% Discount

We'll send you the first draft for approval by at
Total price:
$0.00

How our best essay writing service works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Written Assignments has stood as the world’s leading custom essay writing paper services provider. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Cheapest Essay Writing Service

At Written Assignments, we prioritize all aspects that bring about a good grade such as impeccable grammar, proper structure, zero plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.

Admissions

Admission and Business Papers

Be assured that you’ll get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.

Editing

Editing and Proofreading

Our skilled editing and writing team will help you restructure your paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.

Coursework

Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as many details as possible in the place order section.