GREY:MKRYF - Post by User
Post by
Themacguyon Oct 03, 2017 8:20am
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Post# 26769581
3 catalysts for higher oil prices:
3 catalysts for higher oil prices:Counterpoint to the Bears: 1. Iran sanctions may be re-imposed on Oct 15. Trump hates that "embarrassing" Nuclear weapons deal that Obumer made - The Worst... 2. Iraq and the Kurd referendum. Iraq will go in and take it back by force. This will not end well for the Kurds (again). Turkey in on this one too. 3. Venezuela = Socialist Disaster with a capital "S" and "D". Foreign reserves down to under $9 billion USD. And all funds are going to pay down debt. They have nothing left. A collapse of their oil industry is almost assured. I think Brent and WTI are going for a bit of a bull run soon.