GREY:PEYTF - Post by User
Post by
mikeymegabuckson Mar 31, 2015 6:56pm
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Post# 23584103
Is Iran affecting this trust's price ?
Is Iran affecting this trust's price ?If the U.S.make a deal with Iran on nuclear weapons then we expect Iran will be able to sell their oil on the world markets again. As Iran has the 4th largest reserves in the world it is possible that the price of oil will hit US $20. Parallel will be in great danger of being bankrupt if this occurs as will many other small producers.Perhaps the market is anticipating this to some degree.