The Globalization TAPES
OUT OF BALANCE
A Documentary Film
by BSTM IV-A Group 1
This documentary film focused on how oil price hike targets the Philippines as a developing country and how its citizens particularly the vehicle operators and commuters struggles daily. It also targets to show how high prices of oil affects the inflation of basic daily necessities.
WAR:OIL PRICE HIKE
The war that agonize the global oil market
A Documentary Film
BSTM IV-A, Group 2
War can have a significant impact on oil prices, especially when it occurs in country that are major producers. There are several reasons why war can lead to an increase in oil prices such as shortage of supply. Conflict can disrupt oil production and transportation infrastructure, leading to a decrease in the global oil supply. Market uncertainty, the uncertainty and fear related with war can lead to increased speculation in the oil market. Political tensions, war are often fueled by political rivalries or disagreements between nations. It's important to bare in mind that the impact of war on oil prices can vary depending on the specific circumstances and the country involved. Therefore , it’s worth mentioning that there’s a need to respond and be resourceful when circumstances arise. A documentary Film that talks about how War agonizes the global oil market.
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