http://www.theguardian.com/business/economics-blog/2014/nov/09/us-iran-russia-oil-prices-shale
Imagine that at the start of 2014 you were an investor who liked to
dabble in the commodity markets. You could sniff something going
seriously wrong in Ukraine and you were alarmed by early reports of groups of militants marauding across northern and western Iraq.
With hopes that the global economy would continue to strengthen, the
smart money would have been on oil prices continuing to climb. That’s
what geopolitical tension plus robust demand usually means.
On this occasion, though, the smart money was wrong. After standing
at well over $110 a barrel in the summer, the cost of crude has
collapsed. Prices are down by a quarter in the past three months. More
oil has been pumped at a time when the global recovery has faltered,
with traders caught unawares by the slowdown in China and renewed
stagnation in the eurozone.
This is all a strategic ploy folks, and if you time this correctly you can make a bundle doing so...Be patient .
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