I am catching up with posting online my articles.
Not long ago I wrote an article about the low oil prices. I pointed out that few years ago we were wandering whether the resources of oil on our planet come to the end and this was the reason of the incredible price spike ( over 140 USD per barrel ) in 2008 but then today the world is "flooded" with oil and the prices have fallen at some point below 30 USD.
So I was thinking and further observing the development of the situation and I came to the conclusion that somebody is intentionally manipulating the market prices.
But what would be the reason for this manipulation ?
Well... obviously the profit would be one of the reasons. Because the prices were pulled down ( to the levels of "break-even" ) so now it is cheap to buy oil and the actions of the companies dealing with oil. And obviously with the time the prices will come up to the reasonable levels and somebody will make profit on it.
But then I suspect that the profit is not the only and probably not even the main reason why today we have price of around 30 USD per barrel of oil.
To be continued