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Could you explain why Oil prices are decreasing? The supply is less so why are the prices increasing, is there no demand?
Crude prices have collapsed, Brent is almost $50 and WTI is at $57.04; demand has dried up.
So does that means consumer demand is the same ie regular people , but the Oil companies supply is less and the demand for Oil by Oil companies is less because cash flow. It is confusing
http://www.ft.com/cms/s/0/66c87994-aec1-11dd-b621-000077b07658.htmlLetter from iceland
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Could you explain why Oil prices are decreasing? The supply is less so why are the prices increasing, is there no demand?
Crude prices have collapsed, Brent is almost $50 and WTI is at $57.04; demand has dried up.
So does that means consumer demand is the same ie regular people , but the Oil companies supply is less and the demand for Oil by Oil companies is less because cash flow. It is confusing
http://www.ft.com/cms/s/0/66c87994-aec1-11dd-b621-000077b07658.html
Letter from iceland
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