Scherfi:
Quote:
oil prices went up because US of A is filling its depots. maybe they expect something bad in the near future (a new war maybe?)
however depots are almost filled, so prices should go back a little soon.
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Mmmm... partly! :-) The major reason for the increase on oil prices is a higher demand from the Asian countries.
But considering the US consumes almost 25% of the world's oil, yet only has 5% of the world's population and is 10th in ranking in profitable production (pro rata investment), - I can't see oil prices *ever* reach the levels they were a few years back.