GREY:TBTEF - Post by User
Post by
Godisgreaton Apr 15, 2016 11:55pm
109 Views
Post# 24774301
Geopolitics
GeopoliticsSaudi Arabia is bleeding money since 2014 but Iran started just this year. And if oil price go up will be best suitable for Iran and will get more money for their better infrastructure. In this situation SA will not like any deal helping Iran unless they are desperate for that. Whatever is going on. Big oil producer are big loser in that and indirectly oil stock investor like us at this moment. But eventually we will also get big benifit out of this stock market senario. Only thing now needed is that TBE survive, As banks are also stretched in their fininces. Situation is getting grave for oil industry.