Iran has been selling oil, they may sell more now but do not think Iran has not been selling oil. There are plenty of people who would buy it, certainly plenty of people in Asia.
So, whatever oil they bring back on the market it is not going to be that much and certainly not that soon.
Trading tickers: Exxon Mobil (XOM), Halliburton (HAL), Marathon Oil (MRO), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Tuesday, July 21, 2015
Blog Archive
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2015
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July
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- Crude Oil: Supply & Demand Situation
- Is The Commodities Bull Market Over?
- Gold: 50% Corrections Are Normal
- Podcast: Gold Mystics Need To Be Washed Out
- When Will Gold Make Bottom?
- Podcast: I Don`t Have Much Use For Money
- Oil Prices Going Down Will Remove A Lot Of Supply
- Crude Oil: Retesting The Lows
- Iran`s Impact On Oil Prices
- Nuclear Deal: It Will Lead To A Test Of The Lows I...
- Is Crude Oil Going To Stay Down Forever?
- Video: Oil Is Not Staying Down For Long
- Crude Oil Will Probably Retest The Lows
- Deal On Greece: Markets Will Rally For A While
- Markets: Where The Next Hurricane Will Hit
- Will The Eurozone Fail?
- If Greece Leaves The Euro, I Would Buy The Euro Th...
- Greece Should Declare Bankruptcy, Stay In the Euro
- Greece: The Real Solution
- Q: What do you like globally as far as markets?
- Euro Crisis: What Greece Should Do
- The IMF Has Very Rarely Been Right About Anything
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July
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