Yes - Oil is a geopolitical tool and its price is manipulated.
The true cost of oil earth to bowser is about 15 USD.
So what.....
Let the spooks do their thing, thats why you pay taxes.
Financially, a little bit of knowledge is extremely dangerous. Buy some quality stocks from the ASX20 and get a good nights sleep.You will go MAD before you understand the Geopolitical/banking/economic/foreign policy underworld.