Oil prices rose above $67 a barrel on Friday amid concerns over supplies from Iran and Nigeria combined with an al Qaeda threat of fresh attacks on the United States, the world’s top oil consumer.
This snippet from the FT gained my interest.
Recently I predicted that Oil Prices would surge dramatically during Feb as the US and Israel (possibly) prepares to attack Iran before the opening of the Europetrobourse in Tehran in March , I wonder if the Oil market is shifting a little earlier than I anticipated ?
Certainly I remain unconvinced that the Oil price rise is due to Bin Laden,the real reason I believe reflects the prospect of a New Middle East War, possibly World War and the dramatic effects this will have on the price of Oil.
Time Will Tell.
This snippet from the FT gained my interest.
Recently I predicted that Oil Prices would surge dramatically during Feb as the US and Israel (possibly) prepares to attack Iran before the opening of the Europetrobourse in Tehran in March , I wonder if the Oil market is shifting a little earlier than I anticipated ?
Certainly I remain unconvinced that the Oil price rise is due to Bin Laden,the real reason I believe reflects the prospect of a New Middle East War, possibly World War and the dramatic effects this will have on the price of Oil.
Time Will Tell.
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