Hedge Funds playing the oil?

[italkcash]

Lately prices at 127$ and above per barrel is absurd. Especially considering that the demand has not grown by 20% in a month. Therefore the underlying force must be speculation and induced fear of even higher prices.

Clever Hedge Fund managers has for sure played the oil game lately. With their combined asset of trillion of dollars, and nobody to keep them regulated, Hedge Funds can play the oil market all the way to 200$ a barrel and still make a fortune before consumers start to "take the bus". With this in mind, invest in a commodity based Hedge Fund or start buying oil futures now, its going to keep going one way, and thats up for the next time to come.

[Filipe]

Thats the reason to start looking for news sources of energy to avoid been depending in oil

[buaya]

Originally Posted by Filipe

Thats the reason to start looking for news sources of energy to avoid been depending in oil

Yes, you have the oil cartel led by saudi arabia who for some reason refuses to increase production in fear of driving the price due to increase in oil supply

But I am not too sure whether the price will raise to $200 per barrel as I believe that regulators would step in to regulate the price to prevent social urest around the world

Plus, the price have not been increasing spectularly as like last year. Maybe some is playing speculation again