Commodities - Would oil really point to $200/bbl by August? in MARKETS - Considering the Middle East is the source of more than a quarter of the world's oil, should tensions escalate to ...
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Would oil really point to $200/bbl by August?

  1. 07-20-2012 05:49 PM
    vs777

    Smile Would oil really point to $200/bbl by August?

    Considering the Middle East is the source of more than a quarter of the world's oil, should tensions escalate to the point where Iran blocks the Strait of Hormuz and prevents oil from getting to market they say oil could hit $200.

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  2. 07-20-2012 06:00 PM
    rmani84
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    Quote Originally Posted by vs777 View Post
    Considering the Middle East is the source of more than a quarter of the world's oil, should tensions escalate to the point where Iran blocks the Strait of Hormuz and prevents oil from getting to market they say oil could hit $200.
    I don't think so ....
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