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TechKim

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TechKim

Re: langlui post# 159564

Thursday, 04/23/2015 1:36:15 PM

Thursday, April 23, 2015 1:36:15 PM

Post# of 160314
Analyst hype is possible $65 a barrel oil. Unrest in the middle east for the short time, especially with Saudi Arabia launching their military. Could be as many of the productive wells globally have come to a crawl from the glut. China still has a large thirst for oil.

Saudi Arabia also needs to fund their military machine now that they made it active. Higher oil per barrel would benefit them on the short term. Not looking at their long term presently.


$65 oil? Not really an unimaginable estimate though.

1/2 cent Vancouver penny mooching pirates!

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