6 on Monday Why Was Hilary in Egypt last weekend ? She was trying to soothe an untenable situation , but it wont happen. Geopolitical risk is the precursor to all movements in oil prices. Economics is always deferent to politics but analysts dont understand politics and thats why they always get it wrong.
The simple fact is that Egypt has an elected leader with the slimmest margin of victory. He has no Cabinet , no Constitution to guide him and a Judiciary and an Army that are as fickle as a solar panel's energy output. Mark my words, this is a situation that will add 5 dollars to oil prices in the coming months. Syria is really going to spin out of control and that has implications for Russia as well. Russia is an oil producer and the most ruthless regime in world history. Syrian women and children are being massacred so that oil prices elevate and Russia profits, oil interests profit , and the Middle East sultan states profit. I am not a fan o f this and as a practicing Christian I abhor these acts but am powerless to stop it. I drive a small economic car despite having net worth of over 12 million dollars.
I will profit from this trade and donate monies to the Red Cross and urge any one else who makes few dollars to do the same or donate to a charity of your choice.
https://finance.yahoo.com/news/why-syrias-civil-war-may-190012985.html