Post by
bosstrade on May 19, 2021 7:34am
Headlines: Iran to sell its first oil since sanctions! Haaaa
Iran has been selling all its oil before and during santions. Now it will get world prices for being an honourable country like Saudi, Iraq, Syria, Russia, China, Columbia etc. But what about the climate if you allow them to pump more oil????? Surely the greens and indigineous world wide will protest this???? Nope, not at all. Only Canadian oil burns dirty. All the countries oil comes out of cars and facotories pure oxygen. The world needs cheap energy and there is not enough oil.
We are at the cross hairs and the big economies know it. The old games of keeping oil low with Iran deal, special reserves release, pipeline, efc are almost over. I have played oil for a very long time and this is the first time, I truely belive after the short term flurries of the world trying to drive oil low, that we will see $200 + oil. Its going to be crazy and indont want it really. But no new investment and the need to be green now, the gap is going to be a crazy ride in my opinion.
Comment by
Backinblack1000 on May 19, 2021 7:55am
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