How oil prices are decided?

Related questions

1. Who invented the use of oil?
2. How was oil created?
3. Where does us get oil from?
4. Can the world run out of oil?
5. Do prices go up or down in a recession?
6. Will we run out of oil?
7. Where did oil originally come from?
8. Does China have oil?
9. What was the price of oil in 2011?
10. Why are oil prices declining?

Tags

1. #price
2. #products
3. #physical
4. #heavily
5. #futures
6. #determination
7. #rather
8. #speculators
9. #entirely
10. #market
11. #traded
12. #prices
13. #toward
14. #which
15. #determined
16. #unlike
17. #sentiment
18. #demand
19. #dominant
20. #supply
21. #contracts
22. #product