i appreciate factors such as supply and demand influencing whether a market is favouring the buyer or seller;
but in this case surely the trend runs contrary to this rule of commerce.
when supply exceeds demand, it becomes a 'buyer's market' due to prices falling, in order to promote greater sales in a stagnating market.
now of course the fact that this oil indistry is supplied by a cartel makes things tricky; but in light of the recent climate of spiralling oil costs, this is all just too brazen to be true. isn't it?
Just coz you don't understand it
Doesn't mean it makes no sense!