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Old 09-10-2008, 09:16 AM   #3 (permalink)
PaoloSmythe
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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?
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