Forum Discussion
goducks10
Aug 30, 2013Explorer
The Mad Norsky wrote:
Goducks10:
as I understand things, OPEC manipulates the market through their increase or decrease of production, but they themselves don't set the price.
It is still the commodities market, meaning Wall Street mostly, that sets the prices.
I can only hope OPEC is getting a tad uncomfortable with the predicted oil output from North Dakota to come.
That makes sense.
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