The prices of the crude oil have increased recently but the price per barrel fluctuates every day and the gulf nations are oil rich and have huge resources of crude oil. Usually the economic condition that will prevail in setting the Sweet Crude Oil Price will be that of a demand greater than supply and hence the oil per barrel price will be on the rise most of the times in a week. Due to economic recession that has been rocking the entire world for the past 2 years and the bankruptcy of banks; the sales of automobiles have come down resulting in a supply greater than demand condition regarding crude oil prices. Most of the 2 wheeler and 4 wheeler owners have started selling their cars for cheap price and hence the demand for crude oil has decreased. The current economic situation is also grim with huge unemployment and high inflation rates and the signs of recovery are very slow and meager. The economic condition is worse and this is evident from the large number of banks that has gone bankrupt in this year alone and for the past 3 years, this has been a routine. All these various economic recession factors have reduced the demand for oil considerably and the oil prices are falling regularly from 92 dollar a barrel to 71 dollars a barrel in the past 3 years. The real estate crisis in America and China, the world's largest consumers of oil have also caused the Sweet Crude Oil Price to come down drastically. Experts comment that in the next 2 years, the demand for oil will be stable between 70 dollars and 80 dollars until the economic recovery that is happening very slowly.

Although the economic crisis have reduced the demand for oil, the Sweet Crude Oil Price is always attractive from an investor point of view and rumors say that United States of America have oil reserves for the next 50 years that has been stolen from Saudi Arabia during the war that has happened resulting in the hanging of sad dam Hussein. The big brother attitude of United states of America is being criticized by China and Russia and after all America must have some benefits to fight the war in the gulf against the Muslims. This led to the rise of Osama Bin laden as the top most terrorist all over the world all having a direct impact on the Sweet Crude Oil Price and all these fighting are for the crude oil reserve, the gulf nations wanting to save their reserves and defend them.