Cihat Çiçek - Comments

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Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80
10 years ago

I don^t believe these prices are real but are a result of manipulations in the paper markets.. How can production increase at such speed even suppliers are unaware and prepared for it.. This manipulation is to squeeze Russia.. But will result in bankrupcies of solar and wind energy providers also government budgets as 2/3 of all taxes collected come from gas sales in many countries.. With high USD they didn^t drop their gas prices at the pump..which brings another problem how will they compete for exports of theri goods if manıfactured by double cost gas? Finally: All manipulations will end in disaster as economy balances itself sooner or later..

In this article: OIL, USO
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