Oil UP due to the GAZA Conflict
05 January 2009, 12:37 PM
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Oil UP due to the GAZA Conflict
Up 25% in the last few days .......
Maybe the end of the cheaper petrol?
Maybe the end of the cheaper petrol?
Last edited by SunnySideUp; 05 January 2009 at 12:38 PM.
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05 January 2009, 01:19 PM
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05 January 2009, 01:20 PM
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05 January 2009, 01:27 PM
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05 January 2009, 01:31 PM
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05 January 2009, 01:47 PM
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05 January 2009, 02:39 PM
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Quote:
"It's a factual information thread ..... I assume that 'most' readers can make their own minds up about its content."
Which part is factual?
I see no evidence that this is related to what is happening in Gaza, oil prices haven't risen 25% in a few days and you are speculating on whether it is the end of cheap petrol.
"It's a factual information thread ..... I assume that 'most' readers can make their own minds up about its content."
Which part is factual?
I see no evidence that this is related to what is happening in Gaza, oil prices haven't risen 25% in a few days and you are speculating on whether it is the end of cheap petrol.
05 January 2009, 03:26 PM
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Really?
BBC NEWS | Business | Oil price rises on Gaza conflict
Or Reuters
(Reuters) - Oil prices jumped 4 percent Friday amid rising tensions in the Middle East and a dispute between Russia
Or The Times;
Growing international tensions sparked by the Israeli ground attack in the Gaza strip drove up the oil price and oil stocks yesterday helping the FTSE 100 continue its new year rally.
Anyway, it's up. I'm far more interested to see how quickly the pump price goes up.
BBC NEWS | Business | Oil price rises on Gaza conflict
Or Reuters
(Reuters) - Oil prices jumped 4 percent Friday amid rising tensions in the Middle East and a dispute between Russia
Or The Times;
Growing international tensions sparked by the Israeli ground attack in the Gaza strip drove up the oil price and oil stocks yesterday helping the FTSE 100 continue its new year rally.
Anyway, it's up. I'm far more interested to see how quickly the pump price goes up.
05 January 2009, 03:29 PM
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"With Israeli troops going into Gaza, that just heightens fears of the possibility of a wider Middle East conflict," said Ken Hasegawa, an energy analyst with broker Newedge in Tokyo. "Prices will likely continue to rise in the short term."
In Vienna, however, JBC Energy said that to all appearances the conflict "has not had much of an impact so far."
In Vienna, however, JBC Energy said that to all appearances the conflict "has not had much of an impact so far."
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