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Oil Weakness May Intensify
Oil sluggishness may risk turning into a faster selloff, especially as the fuel fails to gain on recent USD losses.
WHY would you address someone w/ words like 'fool' in your first post? Respect, please!
Oil, being a market, could go either way...and someone else could end up being a fool. So careful w/ your comments...
Asad
Ashraf
Any attack by the U.S. or Israel while these demonstrations are going on, or within the next month or so, would help the Iran government immensely. The propaganda value they would gain by portraying the anti-government demonstrators as traitors would be immense. Iranians are proudly nationalistic and the anti's demonstrations would cease. Tyranny would win out.
Better to let this latest round of demonstrations peter out on their own, with massive government brutality as we are witnessing, putting the government in a worse geo-political position. Even the Russians and the Chinese could not publicly support the Iranian government's actions (privately yes).
Then an attack, if it were to come, would seem a little more justified.
I think you are correct that oil would spike much higher on news of an attack. In the meantime, how does one trade oil with fundamentals set aside and an 'imminent' attack that may not come for quite some time?
meanwhile irak and syria are getti in the equation there is the song "cachito cachito para gozar"
its new year eve, FROUM, lets have some fun.