Sheer opportunistic greed, nothing more, nothing less. They simply raise their game and see who bites ... the only way is to reduce demand ..... Why are oil prices so high?
Due to demand from China, India and Japan. But with the current slow downs in these countries oil prices is coming down. However if the economies of US and other industrious countries pick up it may go up again if oil producing countries do not increase its supply to those markets. Why are oil prices so high?
Because people can't get it easily so those who have it take advantage of this
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