Why Is The Price Of Crude Oil So Damn Low?

by Michael Haltman

The price of crude oil is currently one of the big news stories that both financial market AND geopolitical analysts are paying close attention to!

Where is the bottom in the price of crude oil, when will it arrive, what message is the sharp and steep decline telling us and what if any impact will it have on the stability of some of the major countries who depend on high prices to make their societies tick without a risk of revolution (i.e. Russia and Saudi Arabia)?

 

Of course nobody actually knows the answer to these questions and, in reality, the best anyone can do is make an educated guess based on a variety of anecdotal inputs.

Top 5 Factors Impacting the price of oil!

OilPrice.com, a resource that I regularly follow for clear and concise analysis of the goings on in this sector of the financial markets, provides these 5 factors that they feel will most directly impact the price of oil in 2015!

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