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  • Thread starter Thread starter European73
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European73

Now everybody in the world attend to future of oil prices. If you’d like to know current price trend in this sphere, it is quite enough to look at the main consumer of oil in the world – the USA.
The matter is that at this moment oil suppliers cannot have a great effect on world oil prices, because real demand for oil becomes the first factor, influencing on world oil prices in conditions of world economic and financial crisis. Then return to USA.
Due to recent reports of US media (Bloomberg.com: Worldwide) now Americans are actively selling cheap oil all round the world in spite of continuing decline in oil consumption in this country. It means only the one thing: fall in oil prices has dragged its bottom and then we’ll inevitably see upward rise in world oil prices. And shrewd American businessmen have already begun to stoke oil, trying to profit from higher prices later in this year. Even according to official estimates of Morgan Stanley’s experts oil price at world market will come up to $85 per barrel by the middle of this year!
Time to follow US example and to fill up our storage plants with cheap oil, pals!
 
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