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To: 100American
If Algeria and many others based their Economies on Oil Prices what is driving demand down?

Demand is not down. Global oil demand continues to rise.

And is the glut in supply doing so?

The growth rate in supply has slowed for a while, and now are seeing reductions in supply in some, but not all areas. Saudi and Iraq are producing more. It is anticipated to fall more in the near future.

SHORT-TERM ENERGY AND WINTER FUELS OUTLOOK
http://www.eia.gov/forecasts/steo/report/global_oil.cfm

8 posted on 10/26/2015 9:55:19 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

Excellent...

Now put on the hat of a Commodities broker as well as supplier info..

Supply and demand, it seems there should be stasis of the 2 but volatility remains....

Hmmmmm


9 posted on 10/26/2015 9:59:20 AM PDT by 100American (Knowledge is knowing how, Wisdom is knowing when)
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