Question:

Is the United States media controlling the price of oil?

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Does all the reports and expert opinions have an effect on the U.S. markets?

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   Report

3 ANSWERS


  1. The market controls it. The headlines only suggest what to do.


  2. Investors are controlling the price be barrel.  Oil has become yet another 'commodity' [like gold, silver, wheat etc.etc.] and like same the price will go up and down depending on 'market circumstances'.    

  3. To a limited extent, but in reality it is news that triggers oil fluctuations.  Any perceived threat to supply or decrease in economic health sends oil 1 way or the other.  

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