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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (51723)6/28/2009 5:00:41 PM
From: carranza2  Read Replies (1) | Respond to of 219890
 
As was the case this time last year, GREED & fear believes the oil price is now being pushed by financial players.

Exactly.

Everything that uses crude is down and thus demand for it is down. How can the price be up, particularly as the market is over-supplied?

The only answer is financial speculation.

russiatoday.com