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Maybe Trump will but the market is going to evaluate the effect of this amateur attack against what would be at stake if Iran is attacked.
If the US and any of its puppies attack Iran, Saudi production will be targeted by accurate high impact missiles. They wont be fixing the damage over night. This is a warning. If Iran is attacked, there is no telling what other oil countries they will decide to take out. Probably under consideration is UAE.
If world loses 5 MBOD production for 6 months, what would that do to Oil prices?
Yeah........Classic False Flag Operation. Something US Government is very good at
Maybe the Saudis did it themselves? :)
TR61
Maybe Bolton did it!?????????? Wouldn't put it past that warmongerer either lol
Expert on BBC News at 8 said he expects oil to jump $5 tomorrow from the off while others say it could increase by $10 over the next 48 hours.
Yemen’s Houthi rebels are saying they did it while lunatic in the White House puppets are saying it was Iran. Iran's leaders have flipped their lid and denied attacking while highlighting what the Houthis are admitting it. Doubt Trump will listen given he said they were behind 9/11 last week??!!!
So if the Houthi didn't do it and the Iranians didn't do it then must have been one of us then just to raise our sp lol.
Well whoever it was they've done us a favour
ColonelDrake,
I bet they are, makes a change though for the fund managers, MM's etc.... not to be manipulating the market and instead be caught out by something, they may not have thought would happen over weekend.
At least we can have a laugh at their expense for a few days, for a change.
Finally the mainstream press are picking up on the attack. The Telegraph business section opening piece, “:oil could soar to 100 dollars a barrel”. That also has got to be worth a penny or two on the sp.
LuckCounts, do you mean billion?
Million is pocket money on Internationa Market.
strategic reserves "As of February 1, 2019, the inventory was 649.1 million barrels"
you're entertaining LuckCounts, I'll give you that...
Trump may need to hold onto his strategic reserves, for all the wars he is risking getting into... :)
N.Korea, Iran etc..... Maybe they will all gang up on US together. LOL
And China won't be buying from US.
An interesting few days and weeks ahead.
Last week Trump wanting to discuss sanctions with Iran, this week Iran want war with US. You cannot make it up, poor Trump the count.
Anything can happen, although depends who would buy US oil.
More to point as seen below, more escalations from Iran. Thought Trumpy Boy was in new negotiations, not from what Iran saying in media, as below. Bring it on.
Iran has dismissed US accusations it was behind drone attacks on Saudi Arabia's oil plants, and warned it is ready for a "full-fledged" war.
i think this is what will happen, Trump hates high oil , he will release their reserves into the market and price will bomb, so im not buying, GLA
Trump will tweet and ruin the PMO party. Be careful!
Bolton must be having a last laugh on Trump.
Bet he could not believe his luck, you could not write it.
Could not happen to a nicer "count" than Trump.
And just when he said he was looking to relax the sanctions on oil. Love it LOL
The markets in Asia will give is a taste of what we need to know but we will breach 90, definitely. I'm hanging my hat on 92
Looking forward to seeing how much PMO will be up tomorrow
I would say +7 % minimum
What does everyone else think?