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What is happening to the price of crude oil?


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2012 Sep 20, 6:33pm   2,644 views  5 comments

by American in Japan   ➕follow (1)   💰tip   ignore  

Where do you predict it will be by the end of the year?

Steep slide in oil-prices shows loss of faith in QE3 (CNBC.com)

It could be a barometer of future expectations of the world economy.

Oil prices fall-72-2013-deutsche-bank-sankey (Yahoo.com)

OR is it going down because American cars are getting better and better mileage?

Comments 1 - 5 of 5        Search these comments

1   freak80   2012 Sep 20, 12:43am  

AiJ,

If I could predict this stuff I'd already be retired and sitting on a beach in Tahiti.

Markets are random. They move based on whatever is in the news on a given day.

2   zzyzzx   2012 Sep 20, 12:59am  

I also expected oil prices to rise after the QE3 announcement,

3   joshuatrio   2012 Sep 20, 1:09am  

When priced in gold.....

4   American in Japan   2012 Sep 26, 12:17am  

Down to $90/barrel.

5   American in Japan   2012 Oct 5, 9:44pm  

Nevermind crude oil...the price of gasoline is higher than ever in California!

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