Thursday, May 15, 2008

OPEC's gimmicks


We all know oil prices have been going up to extraordinary levels. Let us see some patterns in it. Look at what OPEC did to oil. When prices was skyrocketing they cut production sharply and when it started falling, they increased it substantially. So, the thing for oil investors to watchout is not just China and India’s demand increase, but what goes in the minds of the OPEC.



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