Eiichi, HASEGAWA - Research Institute of Economy, Trade and Industry (RIETI) - 2008
Crude oil prices on the New York Mercantile Exchange (NYMEX) temporarily fell to $10 a barrel, reflecting the Asian financial crisis that took place in 1997 and 1998, but global oil prices subsequently began to climb from around 2004, given rising demand from China, the disruption caused by...