Wednesday, September 14, 2011

The demand for oil can be influence on price, supply and economy conditions. These are all related to one another and most of all, the price is important things that make a great change in the market among them. However the traditional laws are not concerned with oil prices. Nowadays, oil prices go up, regardless of other facts. Most economies are dependent on oil exports, but the OPEC members and other investors don’t want to supply more for consumers, but just reserve it, because they have made huge investments and want to get more benefits than what they have done. So they are watching for an opportunity to sell at greatly inflated prices even in recession. Due to the price have a lot of change and a chance of increasing prices oil producers just waiting for the best time to sell and it is very hard to predict what’s going on and the future.      


 

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