Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:RE:RE:RE:RE:Manipulation

[emmitt]

Nope that's not what I said. I beleive it was manipulated more in the past when the Saudis would cut production to maintain higher prices. They are now unwilling to cut production because they know the production will be quickly replaced with US production. Every commodity has a level of influence/manipulation by investors, it's just normal and always has been. Shorters and longs can both influence a market. My question is what is the argument that oil prices are being manipulated lower as opposed to going lower under a correction in supply and demand fundementals.( if you think that the price of oil is dropping purely due to a function of manipulation I think your being extremely short sighted.
I understand that there are strikes in oil refineries curently and that every year at this time maintenance is being performed and they switch over from heating season to driving season.
What happens when all refineries are all back online? Great question, looking forward to finding out.  If markets are being as manipulated as you suggest nothing will happen. If market influences come into play then the price of oil should rise.