It'll keep dropping until after the RNC is over. Then it'll start climbing again, just in time for all the Bush Buddies to get their final big profits on that winter oil.The oil price has dropped dramatically after weakening of Hurricane Gustave.What about future of oil price?
Continued removal of equity by speculators from commodities and the strengthening dollar will have the price of oil drop to around $90. Then look for it to firm again by next Spring. The oil price has dropped dramatically after weakening of Hurricane Gustave.What about future of oil price?
It will continue to slide further down. The recent high prices will bring an over supply and demand has weakened.
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