Oil|Oil News and Videos
Nov
01
Pakcik Kantin asked:
The oil prices is rising again and again. Most of our daily process relies on oil. Will there be rise on properties, market, food . What can we do to prepare for this hike?
ALVIN
The oil prices is rising again and again. Most of our daily process relies on oil. Will there be rise on properties, market, food . What can we do to prepare for this hike?
ALVIN
Sep
30
Filed Under (Other - Business & Finance) by oil
Billy R asked:
I’ve heard that oil prices are higher than they would be in a natural supply/demand economy, and that part of this is due to speculation. What is speculation? How is it raising the price of oil? Also, if people or companies are using oil speculation to make money, why don’t more people do it?
BLAKE
I’ve heard that oil prices are higher than they would be in a natural supply/demand economy, and that part of this is due to speculation. What is speculation? How is it raising the price of oil? Also, if people or companies are using oil speculation to make money, why don’t more people do it?
BLAKE
May
21
Brandon B asked:
Lets say theirs an oil contract on the NY Merc for 1000 barrels of oil @ $40. Lets say that oil is in say Africa and needs to go to the USA. Is shipping for the oil included in the $40 price? How does that work?
ELWOOD
Lets say theirs an oil contract on the NY Merc for 1000 barrels of oil @ $40. Lets say that oil is in say Africa and needs to go to the USA. Is shipping for the oil included in the $40 price? How does that work?
ELWOOD
