Post
Topic
Board Economics
Re: Oil could lose $9 of it's value. In a week.
by
snipie
on 22/01/2019, 19:25:38 UTC
Week has passed and Oil prices gained $2. You still had not reveal what was the reason behind your wrong prediction.

Although I'd like to know the basis for the prediction, there's more than a day until his predicted week ends...
In the oil market there is no prediction. Everything is planned and directed by USA and OPEC. They let the price rise a little bit, USA gets angry and order Saudis to product more oil then the price goes down. The middle east countries are paying the losses from their budget which causes an economic crisis there, that's why they let it rise again and so on.