The Price of Oil: How Demand is Becoming a Major Factor

By Nick Ferengi In an efficient market, the forces of demand and supply control prices. This has always been the case for nearly every market you could think of. But not for the oil and gas market. In oil and gas, investors always looked at supply to gauge the likely direction of oil prices in the coming days, weeks, and months. This is because demand has always been there. Globally, the oil industry..
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