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Re: Crusen post# 10496

Wednesday, 07/24/2019 6:35:14 AM

Wednesday, July 24, 2019 6:35:14 AM

Post# of 18930
American oil supply falls for 5th straight week in a row, oil futures up 2% on the day.

Iran says they secured the straight of Hormuz essentially closing the straight to all movement unless American naval convoys escorted by fighter jets and UAVs...

China trade deal signed would send oil prices spiraling out of control on the bullish direction.

Civil war in Iraq would take a million barrels of oil off the market per day, the kurds in the north control Iraq’s oil and not sharing proceeds with Iraq govt forcing their hand to use military force,

US govt sanctions China over Iranian oil shipments despite global sanctions against Iran.

Global uncertainty at its highest, volatility on the rise, and feds cut rates next week. And we’re looking at 25-50 months of dollar weakening raising prices of oil for years to come.

CHK price target 9$!!!!! Oil 125$/Brent barrel, and LNG growth recovery is underway
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