Ok so the talks of sanctions were to make the price of BRENT rise but shortly after there has been announcements of more reserves to keep to supply's afloat.
The sanction will maintain a steady increase I'm sure, as more oil reserves will only remove from the current pool available already so is it all talk as the only real change is the sanction, this may be a tactic to lower the price to generate a higher yield when the sanctions hit. But will it be enough to push the market to a steady 80+??
Does anyone know what the forecasts are and does it look exceptional good for investors next week when the sanctions hit Iran?
Personally I'm staying with my foot in the door on this one and hope it pays off in the near future.
:idea::idea::idea:
The sanction will maintain a steady increase I'm sure, as more oil reserves will only remove from the current pool available already so is it all talk as the only real change is the sanction, this may be a tactic to lower the price to generate a higher yield when the sanctions hit. But will it be enough to push the market to a steady 80+??
Does anyone know what the forecasts are and does it look exceptional good for investors next week when the sanctions hit Iran?
Personally I'm staying with my foot in the door on this one and hope it pays off in the near future.
:idea::idea::idea: