tag:blogger.com,1999:blog-1626400369102828859.post906133123039527633..comments2023-10-24T03:20:49.497+08:00Comments on Bursa Malaysia (KLSE) Daily Info Edge Zone: Crude oil pricescould break above USD70 in a broader rally in the equity markets.Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1626400369102828859.post-13806093635177098612009-07-28T13:01:46.133+08:002009-07-28T13:01:46.133+08:00I notice that crude oil price affect world economy...I notice that crude oil price affect world economy or oil dependent sectors when the price hit USD100. In fact last year financial crisis(September 2008) was actually became acute due to oil price. I could be wrong but i strongly believe that boom and bust of world economy will be dependent on crude oil price. Imagine if crude oil hit USD200! We live in new era now where oil is depleting and governments trying to hide the truth. Theres not replacement for fossil fuel yet, dont mention about nuclear or so called renewable sources(too expensive). But i think the next 25 years, our live will be much different on which how we us energy and how energy is created and stored.Elvis2020https://www.blogger.com/profile/17975858370894923175noreply@blogger.com