You're reading: Christian Science Monitor: Why are oil prices falling? Five reasons you might not expect

Oil prices have collapsed over the last several months, and some analysts say they could go even lower. What's behind the plunge in oil prices? A variety of factors have coalesced into a perfect storm driving oil prices lower and lower: US prices have fallen 25 percent to around $80 a barrel in the past five months - a large drop, given that prices had been floating around $115 dollars a barrel from 2011 onward.

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