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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (1429)11/24/2018 8:43:16 AM
From: elmatador1 Recommendation

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sixty2nds

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DJT embargoed Iran oil. Oil shoot up from $65 to $85.

DJT did an about face. Waved oil embargo 8 countries. The result?



Oil tumbles more than 7% to $50.42, now down more than 30% in 7 weeks

The latest wave of energy market selling comes amid escalating concerns about an increase in global supply and a slowdown in economic growth.OPEC and non-OPEC members meeting in Vienna on Dec. 6 are expected to start curtailing output.The value of a barrel of oil has tumbled about 20 percent this month, adding to a seven-week streak of consecutive losses.

cnbc.com

MBS, the Saudi prince, might be thinking about reviving that IPO of ARAMCO again...
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