HydroPhi Technologies Group Inc. (fka HPTG)

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The oil price goes up by increasing demand from India. Employing the winter weather in North America will provide for an increase in demand for heating oil. The rise in the oil price has a value appreciation of the US dollar as a result.

The Fed determines the moment of rise in interest rates on government bonds on the rise in the oil price. This in turn has affected the development of the stock market.

The world demand for crude oil continues to rise amid growing Western oil companies lay off people and oil-producing countries like Saudi Arabia already up. I read an estimate that the WTI in the second half of 2017 at $ 70 a barrel.

Saudi Arabia on the one hand performs against Russia and Iran an oil war to resolve the physical war in their favor. 20% of Saudis are Shia and have plenty of oil in the hands of the Saudi royal family is frightens there before so I think certainly coupled with the large financial buffers and extremely low cost for the Saudis to extract oil that this situation may persist for a long time Russia goes to the knees.

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