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Oil jumping following intensifying Saudi-Iran tensions

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The price of WTI Oil has jumped significantly to $37.90 with buyers finding heavy encouragement following tensions between Saudi Arabia and Iran intensifying to new levels over the weekend. The story around intensifying tensions between Saudi Arabia and Iran is continuing to develop and there is potential for further volatility in the oil markets if other nations begin to comment on what is currently escalating, especially if this includes high oil producers around the region. I think that the

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