2007-11-11

Have Current Oil Prices Stabilized?(1)

Current oil prices are unpredictable, they are hard to track, one week it will be stable, the next week it will be sky high.

It truly is hard to track oil prices, the current oil prices are bound to change, whether it be tomorrow or next week.

There will be a select few periods in which oil prizes stabilize, but it never lasts, the prices will always increase.

That is one thing we can be sure of, prices will continue to rise providing that the demand for it remains high.


The current oil prices do stabilize at points, it may last a day, it may last two weeks. But the fact is that it probably will not last.

Current oil prices have fluctuated, they have been good some days and bad on other days.

It is hard to even give an opinion on something that is constantly changing, but we can determine an opinion from judging its overall gradual increase.

I think that oil prices will continue to grow but considering the current demand.

Sometimes there is less need for oil in some parts of the world, this could in equal allow more oil to be shipped to the US thus allowing cheaper prices.

There are a variety of factors which affect current oil prices and future oil prices and since these factors are unpredictable, oil prices will remain unpredictable.

It's hard to determine, but if you examine the factors a little closer you may find that you will see patterns in the rise and fall of oil prices.



By Bryan Evans

No comments: