What facts will effect the crude oil prices ? and how much it will be next week?

-The fact that Russia has reacently found new oil and will not be joining OPEC.





-The fact that Our president keeps trying to find a way to rip off countries that are rich in oil (Iraq / Iran / Saudi Arabia). No 1,2 and 3 in the world





-The fact that the U.S. is reaching peak oil.





-The fact that our president pissed off the Venisuelan government











For the prices next week try the OPEC website.What facts will effect the crude oil prices ? and how much it will be next week?
Supply:


What is the inventory.


Any wars that will cause this to diminish.





Demand:


Any wars that will cause this to increase.


New technologies that will cause this to diminish fuel cell, solar.


Growth in emerging market.





your guess is as good as mine about the price of crude oil.What facts will effect the crude oil prices ? and how much it will be next week?
Almost anything affects crude oil, crisis in Nigeria, colapsed buildings in Saudi Arabia, any thing at all. And i dn't think even OPEC can predict next weeks price.

vincent