The Reasons Why Oil Prices Escalate

Thursday, 25. September 2008

Well just as we started to rejoice in the steady fall in oil prices and the price war that started last week between the oil companies and the supermarket chains we suddenly saw a massive increase in the price of  crude oil of $25 a barrel on Monday. Now whilst there was an element of manipulation on the markets protecting traders on the futures market from over exposure it has still sent jitters throughout the car industry and concerned drivers (who heard about the rise). Strangely, this massive increase in Read more »