Posted 1/4/2016 10:42 (#5009979 - in reply to #5009284) Subject: RE: Middle East heating up. Bullish oil
Interesting times. As I type this the WTI is down over a $1. I am guessing volatility will be the name of the game for some time. Oil seems to be range bound. Have no idea if ME conflict will enough to move it. We will see how far the Iranians want to push the Sauds. A lot of Iranian oil is getting ready to be dumped on the world market. The Sauds would love to stop that from happening.
Middle East heating up. Bullish oil
