The price of oil will spike at the opening bell of the conflict, but then the Russians, being Russians, will pump like crazy to make a killing while they can. Oil will go back down into the twenties. Take that to the bank.
Be Seeing You,
Chris
And two days later, after the hapless Republican Guard starts surrendering and pointing out Baathist hiding places, oil will be back down to 24.00.
The price of oil will spike at the opening bell of the conflict, but then the Russians, being Russians, will pump like crazy to make a killing while they can. Oil will go back down into the twenties. Take that to the bank.
Be Seeing You,
Chris
Or lower, as the true market price is probably somewhere around $20. Anybody who's long on oil is praying for war, and will be looking to get out as soon as the price spikes. The correction will be swift and brutal, as short sellers will rule the day.