There are predictions that oil prices will rise in 2010 due to different factors. Increase in demand, as well as the weakening of the dollar will affect oil prices. Countries with emerging economies, such as India and China, will have more of a demand for oil.
It is very hard to predict trends in oil prices and the economy. We cannot anticipate the monumental events that drastically alter the economic landscape. Changes in the war and global terrorism are two big factors concerning oil prices. However, as history has shown, they should continue to increase.
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