How often do oil prices change?

Question

How often do oil prices change?

Answer 1

look at the stock exchanges ticker and see for yourself...it changes constantly.

Answer 2

every split second on a busy day.

Answer 3

The oil prices were very stable for years, until the democrats took over the Congress. In 2000 the average price of a gallon of gas was around 2 dollars, but only recently in the last 2 years has it shot up to 4 dollars per gallon.

With democrat policies gong far back as Clinton, in outlawing drilling in ANWR, halting the expansion and building of new refineries, and bio fuels most recent have put pressure on the speculations. Coupled with expanding economies in China and Russia, where they need more oil and now global warming, have given the market a downward trend.

The oil prices have dropped in recent weeks due to the demand for gasoline is finally impacting the supply. Also, the public is now becoming more self aware of the need for drilling our own oil which forced the congress to open up drilling for oil on leased sites and to test ice samples in Alaska for environmental impact and to hopefully bring about future drilling in ANWR.

Answer 4

within minutes...

Answer 5

When traded on the Commodity Markets, within minutes.