| If you're looking for a bottom for oil prices, you might be tempted to think the recent bounce represents the end of a historic, six-month crash. But the next move for the price of crude is anybody's guess. A lot depends on how producers and consumers react to the new bargain price.
If you'd like to try come up with your own forecast, here's what you'll need to keep in mind: Why are oil prices falling so far so fast? Just like a hot ticket on Stubhub, the global price of oil is set by middlemen who broker sales based on supply and demand. Lately, they've got a lot of unsold product to deal with. Simply put, the world is awash in oil...............................................Full Article: Source
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