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Friday, March 27, 2015 7:57:26 AM
59$ is nice but it's unsure if this will last since it's geopolitically inspired. Oil should bottom out in the 2nd quarter so even if it drops back to 50$
Perhaps even further. Saudi Arabia's biggest weapon against Iran is oil prices
If Iran can interrupt the Saudi oil flow, the price skyrockets,
If the Saudi can squash the Yemen uprising quickly,
They will flood the market with oil
Oh, and is there oil actually there?
Next week, Next month , Next Year
This has been a real
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