Rather than get bogged down in conspiracy theories, why not look for plausible reasons? I believe the bleeding obvious to be the potential threat of synthetics. They have the potential to permanently kick the oil price to lower ranges, and a high oil price encourages a huge increase in synthetic r&d.
I would thick that an oil producer would logically want to keep the oil price in a profitable range that discourages thedevelopment of synthetic competitors.
Billy
peter costello in the know, page-3
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| Open | High | Low | Value | Volume |
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| OIL (ASX) Chart |