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Reply #2: Oil prices are about perceived risk-value, not supply and demand. [View All]

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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-21-08 05:18 AM
Response to Reply #1
2. Oil prices are about perceived risk-value, not supply and demand.
It's more the constant threat of supply interruptions due to wars and political instability that are behind the spike in futures prices, not so much objective shortages.
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