« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

This game/scam is getting too damn predictable. Oil Rises to $110 on Report of Pipeline Explosion

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 02 Mar 12 6:06 AM | 59 view(s)
Boardmark this board | De's Test Board
Msg. 39347 of 45651
Jump:
Jump to board:
Jump to msg. #

Oil climbed over $110 a barrel for the first time since May after an Iranian state-run news channel reported an explosion on a pipeline in Saudi Arabia. A Saudi official said no oil facilities were sabotaged.

Futures reached $110.55 at 3:17 p.m. in New York after Iran’s Press TV reported on its English-language website that “an explosion has hit oil pipelines in the flashpoint Saudi Arabian city of Awwamiya,” then fell back below $109. Major General Mansour Al-Turki, a spokesman for the Saudi Interior Ministry, said no oil facility in the region has been sabotaged after reports of a fire near the Ras Tanura refinery.

http://www.bloomberg.com/news/2012-03-01/oil-advances-a-second-day-on-rising-iran-risk-declining-jobless-claims.html




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next