Who knows why oil prices are so high?

On Wednesday, oil prices in New York set a new record trading high of $101.32 a barrel, ending the day at a record close of $100.74. New York oil prices have hit record highs this week Various reports have attributed this rise to different reasons, but who is correct? Some say it is because the Opec cartel may be about to cut its production. Others say it is because of fears that Venezuela may stop working with Western oil companies.