Oil Jumping Following Intensifying Saudi-Iran Tensions

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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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[​IMG]

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