&gt; Of course it&#x27;s supply and demand, and OPEC is manipulating the market by oversupplying the market<p>I don&#x27;t think that is true. OPEC production hasn&#x27;t been greater than how it was in Apr 2012 or Apr 2008 [1]<p>Non-OPEC production on the other hand... well ... [2]<p>[1] <a href="http:&#x2F;&#x2F;oilprice.com&#x2F;Energy&#x2F;Crude-Oil&#x2F;OPEC-Production-By-The-Numbers.html" rel="nofollow">http:&#x2F;&#x2F;oilprice.com&#x2F;Energy&#x2F;Crude-Oil&#x2F;OPEC-Production-By-The-...</a><p>[2] <a href="http:&#x2F;&#x2F;peakoilbarrel.com&#x2F;non-opec-charts&#x2F;" rel="nofollow">http:&#x2F;&#x2F;peakoilbarrel.com&#x2F;non-opec-charts&#x2F;</a>