The oil price increase is not because of the supply - demand inbalance or dollar issue. It is purely by the trading of crude oil. Almost all of the financial institutions lost billions in the credit crunch and the following stock market crash. Now they want to recover the money. So they are investing in crude and predicting that it will reach 200 dollars within six months and making sure that they will make bumper profit from this business...... Everyday they give reason for price increase as tension in nigeria, pakisthan, iran etc etc....... and finally by Bush that it because of developing India !!!!
