Oil @ $114.00, AT&T laying off 1.5 % of work force, Citibank 5.1 Billion in the red for the first qtr, and the market goes up over 200 points?! What is really going on here? Anyone care to comment?
the oil price is set to rise again, and its going to touch $120.00 soon. I feel that this due to the weakening dollar and OPEC's unwillingness to increase supply of oil to other countries, leading to a shortage of oil in the market. this coupled with inceasing demand of oil has pushed the price higher and higher. I think that this can be solved by OPEC raising the supply of oil to the other countries rather then cut back supply to increase price for greater revenue.
Unscruplous people <--- random comment lingyong btw
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the oil price is set to rise again, and its going to touch $120.00 soon. I feel that this due to the weakening dollar and OPEC's unwillingness to increase supply of oil to other countries, leading to a shortage of oil in the market. this coupled with inceasing demand of oil has pushed the price higher and higher. I think that this can be solved by OPEC raising the supply of oil to the other countries rather then cut back supply to increase price for greater revenue.
Unscruplous people <--- random comment
lingyong btw
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