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Re: Crude  

By: ribit in FFFT3 | Recommend this post (2)
Tue, 17 Mar 15 10:32 PM | 38 view(s)
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Msg. 10350 of 65535
(This msg. is a reply to 10306 by oldCADuser)

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But if the negotiations with Iran are successful it will mean even lower oil prices,

...define successful for us. Was the Clintonista's negotiations with N. Korea successful?




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The above is a reply to the following message:
Re: Crude
By: oldCADuser
in FFFT3
Mon, 16 Mar 15 11:37 PM
Msg. 10306 of 65535

But if the negotiations with Iran are successful it will mean even lower oil prices, which of course the billionaire supporters of the Republicans do not want to see happen. And here we thought that Tom Cotton was only looking to embarrass the President when all along he was simply doing what his 'puppet masters' wanted him to do…

From the item below:

Meanwhile, any sharp increase in production or exports from Iran would be very negative for oil markets.

"The prospect of an increase in Iranian oil sales as part of a new agreement in the next couple of months will only exacerbate OPEC oversupply, supporting our bearish outlook," Barclays said.

http://www.cnbc.com/id/102506509


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