Friday, April 22, 2011

Oil Prices Manipulated by Financial Markets

I thought this short video conversation from Tech Ticker was interesting in explaining oil prices.... http://finance.yahoo.com/blogs/daily-ticker/oil-endless-bid-financial-players-overrun-energy-markets-155723942.html

This is also fits with many analysts views that we have plenty of oil and that the price is independent of supply of demand much of the time.

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