How much will the oil price fall further ? Is high fuel price a fake believe for better economic activity?

Will go 10 usd per barrel or below......How much will the oil price fall further ? Is high fuel price a fake believe for better economic activity?
It is likely that oil prices will not grow to how they were last summer for a couple of years.


The growth is due many investors purchasing large amounts of oil for investments. The reason why it started growing from 2000 is that many then were already aware of the profitable investment of oil. Low prices now are due to many investors now SELLING their oil for lucrutive profits. With a greater supply of oil and the same demand, there was a surplus of oil, thus causing the large price fall.





To an economic point of view lower fuel prices usually symbolize more recession and thus less economic activity.





For the average American, it will just lower your automobile budget.