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OIl Price Predications
OIl is trading at $49.03 a barrel, mind when last Octoberish time it was $110 ? read this very interesting take on how Iran is going to maintain long term low prices http://www.oil-price.net/en/articles...aded-lower.php and why others will not cut production, leading to an over supply and down ward pressure on oil prices.
NOT A TROLL BUT A FACTUAL STATEMENT WHICH INDICATES SUSTAINED LOW OIL PRICES
Last edited by rob murray; 18-Aug-15 at 15:55.
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Last edited by rob murray; 24-Aug-15 at 15:22.
Reason: post deleted : oiils tanking
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Yet still the price is tanking and Iran hasn't even started to pump to the west yet.
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