Visualizing World Crude Oil Price

摘要

The world crude oil production from 1990 to 2016 can be found in Figure 1.Generally speaking,the world crude oil production is increasing smoothly.If we just look at this figure,we must hard to believe why crude oil price(see Figure 2)will be upside down rapidly.It is worthy for us to pay more attention on the issue of world oil price evolution.Although a lot of literature already investigate the crude oil price,these authors believe we might be able to dig some different views by applying new method: dynamic visualization technique.