dickus

Is the Market for Oil Reinflating?

When oil was at $147 per barrel, everyone denied that speculation was the cause. Now that is has dropped to half that price in a couple of months how can any sane person agrue that case. The worldwide demand for oil may have declined a bit in recent weeks, but not 50%. I am as sure as the author, that the price of oil will rise again as liquidity begins to flow back into energy.