Some confusion on crude oil

Discussion in 'Commodity Futures' started by newguy05, Jun 15, 2008.

  1. An increase in production = a decrease in price = increase in demand = higher prices
     
    #11     Jun 15, 2008
  2. makes sence, but then if anytime opec increased production your saying prices should go up. i see what your saying, but seems counterintuitive. but sometimes that really is the way it works. i remember a time when economic numbers came out bad, it was considered good becuase the fed would cut intrest rates
     
    #12     Jun 15, 2008