JENÍČEK V., KREPL V.
Abstract
Oil becomes the central topic of the commodity markets. How is it possible that its prices reached such a high level?
Whether we like it or not, every price is given by the demand and supply, and oil is no exception to the rule.
During the last years, the consumption of some of the developing economies has increased considerably, lead by China.
That exceeds even Japan in the "black gold" consumption and become the second one on the world ladder behind the USA.
Key words:
oil, natural gas, producers, consumers, world stocks