. Yes, other factors too as well... Prepared for a "RIDE" tomorrow!!
"Oil price is running high not solely depends on middle east tension!!
Oil Bullish Factors as for now are ...
1. Middle East Tension.
2. Raising Oil Demand for India and China
2. Disciplined Production Cuts of OPEC/NON OPEC
3. Saudi Aim Oil Price at USD80
"Yet, all of the aforementioned tensions, a projected uptick in Indian and Chinese crude demand, concerted cuts by OPEC and 10 non-OPEC oil producers to the tune of 1.8 million barrels per day (bpd), and Saudi hints at supporting a $80 oil price, have only managed to take the Brent front-month futures contract price to a Friday (13 April) close of $72.58 per barrel."
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limch
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Posted by limch > 2018-04-11 15:30 | Report Abuse
SapNrg rebound. When Icon turn?