Just for reference its a capital "I" when using it in the context you have below, not "i". Just saying !! You must be down a few squid here now, hope there is a spike so as you can get out unscathed. Bit of free advice - Long term is not the way to look at RRR. I was lucky enough to have sold and make a profit when this hit 19.6p. Wish I had left it at that. . Lol
Unlike you i dont care about the short term, any sane person would know news is needed for a significant rise. This is the difference between me and you, i buy tens of thousands of pounds worth and look long term where as you use your jsa money hoping to make a few pounds for some beer money.
The sanctions have cost Iran more than more than $160bn (£102bn) in oil revenue since 2012 alone. Once they are lifted, the country will be able to resume selling oil on international markets and using the global financial system for trade. Iran has the fourth largest oil reserves in the world and the energy industry is braced for lower prices. Iran will also be able to access more than $100bn in assets frozen overseas.
hmmmmm YUM YUM YUM!! really pleased with my short on oil - YES SIREEEEEEEEEEEEEEEEEEEEEEEE!!
additionally since 2012 iran has not been able to trade costing them circa $150BILLION give or take $10/$20BILLION - this is about to end soon along with when iran get their nuke deal which means oil will continue one way overall - SOUTH - THATS RIGHT BILLYBOB! :-)) hope others shorting oil too - no brainer as they say - choose your moment to enter if considering imo - but obviously make your own decisions the price will have significant impact here on yet another poor belly decision - dont he check the markets dear oh dear - he needs to learn robust due dilligence ;
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