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Oil Briefly Rises Above $92 a Barrel on Mideast Tensions

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MikeboydUS

posted on Oct, 26 2007 @ 08:14 AM
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Oil Briefly Rises Above $92 a Barrel on Mideast Tensions


biz.yahoo.com

Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
The United States announced new sanctions against Iran on Thursday, targeting the elite Revolutionary Guards, which Washington accuses backing Shiite militants in Iraq. A confrontation between the world's largest oil consumer and its fourth largest oil producer could upend markets.
(visit the link for the full news article)


MikeboydUS

posted on Oct, 26 2007 @ 08:14 AM
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We are $9 from making history. Turkey, Iran well anything pretty much happens we will see history made as we cross over the inflation adjusted high of 1979 at $101. Then watch 1979 and 1973 repeat itself in 2007, maybe 2008.

biz.yahoo.com
(visit the link for the full news article)



 
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