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Sorry, Jardinero1, it's simply not true to say that global demand for oil is declining and production is rising. Here are some charts
http://omrpublic.iea.org/balances.asp
The only way to make your argument is to cite actual numbers for both oil supply and demand, then examine the balance of net long/short contracts and who holds them. Be sure to include ICE exchange balances, not just NYMEX.