Will oil go up or down considering today's drop in the markets?

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Will oil go up or down considering today's drop in the markets?

Think of its price and the price of oil indexes and oil stocks.

Peace,

2007-02-27 14:04:18 · 2 answers · asked by George 3 in Business & Finance ➔ Investing

2 answers

It could go up even in a down stock market if there is some kind of world crisis somewhere over something, weather, war, whatever. With Spring coming everyone thought it would tank, but that has not happened yet.

2007-02-27 14:08:06 · answer #1 · answered by victorschool1 5 · 1⤊ 0⤋

not sure . i just stocked up on toilet paper so when it goes way up i'll have enough for the end result .

2007-02-27 22:08:32 · answer #2 · answered by martinmm 7 · 0⤊ 0⤋