Hello all,

I live in the great Tampa area in Florida, US. I noticed the oil price has dropped dramatically from 3.29 to 3.05 this morning.

The most recent event happened in this area is the passing by of hurricane Ian early this week, which made people fully fill in the gas to evacuate from the city. Not sure whether this is related to the oil price drop.

But anyway, I never develop a clear view of what makes oil prices fluctuate. Reading the news and stock price makes me even more confused.

Can someone share some opinions on that?

Many thanks!