# Supply and Demand of Oil [closed]

This is probably not the best place to ask this question but the one that seems most appropriate on stack exchange(doesn't seem to be an economics one).

Anyways, My question, a serious one and not politically motivated, is about "big oil".

Does anyone know why we generally see "big oil" have record profits usually in the time of crisis?

The only way profits can increase from a business is: Demand increases, product price increases, efficiency increases. I think that is pretty much all and everything else will fall in one of those.

Now, when oil prices skyrocket(like that have done in the past and are doing now), demand surely decreases? Maybe this is not true because the high demand for oil?