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

To: Haim R. Branisteanu who wrote (88522)	3/29/2012 1:38:40 AM
From: elmatador	Read Replies (1) \| Respond to of 218483

Don't you laugh when people say that demand and supply determine prices? "In the recent past, misinformation about peak oil, and unsubstantiated concerns about production capacity have helped drive volatility. It is clear that global events have an impact on the price of oil, and that the often sensationalist reporting of such events have a disproportionate impact. But, ultimately, volatility is caused by speculation in the marketplace, based on conjecture over tighter supply-demand balances in the future, and increased interest in energy commodities as an asset class for financial investors. It is this emphasis on 'paper barrels,' rather than actual cargoes, which creates problems." arabnews.com