Quote:
Originally Posted by Paul
Which presumably you can only do if you are the one doing the actual extraction.
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Do enlighten us all then, how are they set ?
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A lot of the time it is governed by OPEC. If they want prices to rise they hold back oil if they want them to drop they let it flow. In the current market with Russia's Gas not coming into Europe and high consumption in India and China the demand for what is available is high. So basically providers can charge what they want because demand is high a supplies are limited. You can tell me different and tell me some political reason for it but lets face those in real power are not the people who argue in parliaments across the world