Petrol Barrel 2016, Where it may go?

 
  • 21% (4)
  • 37% (7)
  • 16% (3)
  • 5% (1)
  • 0% (0)
  • 0% (0)
  • 21% (4)
Total voters: 19
 
Question: Is the current oil price ($40) over-supply or over-demand? Logical is when there is over-supply the price goes down - correct? If yes, it means there are too many oil barrels or other word no body wants to buy the oils? Interesting....I would love to hear your comments.