Proceedings of the 2016 Conference on Information Technologies in Science, Management, Social Sphere and Medicine

Estimation of economic wellbeing at falling price per barrel of oil

Authors
Nna B. Zhdanova, Irina Dolgikh, Kristina A. Bannova, Natalia Pokrovskaya, KseniyaYu.. Kamenskaya
Corresponding Author
Nna B. Zhdanova
Available Online May 2016.
DOI
https://doi.org/10.2991/itsmssm-16.2016.21How to use a DOI?
Keywords
oil; company; economic wellbeing; factors; effectiveness.
Abstract
Forecasts of economic growth in recent years are often revised for the worse. Not only in Russia but also in the global economy. Economic growth has stimulated the consumption of energy resources, including oil and therefore reduction in forecasts of economic growth have a negative impact on the oil market. For many commodities the dollar is important. With the growth of dollar commodity prices are beginning to fall in price, and vice versa. The growth of the dollar and oil volumes in the market led to a decline in oil prices. The Russian budget, almost half of which depends on oil prices, can not respond to this movement, as a result - another decline of the ruble. In this article the author considers the question of a mathematical correlation between the external factor - the change in the value of oil and refining the assessment of well-being of international corporations
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
Information Technologies in Science, Management, Social Sphere and Medicine
Part of series
Advances in Computer Science Research
Publication Date
May 2016
ISBN
978-94-6252-196-4
ISSN
2352-538X
DOI
https://doi.org/10.2991/itsmssm-16.2016.21How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Nna B. Zhdanova
AU  - Irina Dolgikh
AU  - Kristina A. Bannova
AU  - Natalia Pokrovskaya
AU  - KseniyaYu.. Kamenskaya
PY  - 2016/05
DA  - 2016/05
TI  - Estimation of economic wellbeing at falling price per barrel of oil
BT  - Information Technologies in Science, Management, Social Sphere and Medicine
PB  - Atlantis Press
SN  - 2352-538X
UR  - https://doi.org/10.2991/itsmssm-16.2016.21
DO  - https://doi.org/10.2991/itsmssm-16.2016.21
ID  - Zhdanova2016/05
ER  -