CL Redux

Crede OIL Geo-political tensions : IRAN DEC/2012
-- Warm-ups for the coming week to Keep OIL Rock support above $98+ for First half of NEXT week .

1/ Unclear whether Iran shot down drone, a U.S. official says: http://www.cnn.com/2011/12/04/world/meast/iran-drone/index.html

2/ U.S. Senate OK's sanctions on Iran central bank: http://in.reuters.com/article/2011/12/02/iran-usa-sanctions-idINDEE7B102C20111202
The U.S. Senate unanimously approved tougher sanctions against Iran on Thursday, voting <b>to penalize foreign financial institutions that do business with Iran's central bank </b>, the main conduit for its oil revenues.

3/ UPDATE 2-Iran says oil would go over $250 if exports banned :http://af.reuters.com/article/energyOilNews/idAFL5E7N404U20111204
* US, EU debating sanctions on Iran oil exports
* Tehran says "serious" talk would make prices soar
* Iran strives to contain reaction to UK embassy invasion
 
Quote from InvestVision:

Crede OIL Geo-political tensions : IRAN DEC/2012
-- Warm-ups for the coming week to Keep OIL Rock support above $98+ for First half of NEXT week .

1/ Unclear whether Iran shot down drone, a U.S. official says: http://www.cnn.com/2011/12/04/world/meast/iran-drone/index.html

2/ U.S. Senate OK's sanctions on Iran central bank: http://in.reuters.com/article/2011/12/02/iran-usa-sanctions-idINDEE7B102C20111202
The U.S. Senate unanimously approved tougher sanctions against Iran on Thursday, voting <b>to penalize foreign financial institutions that do business with Iran's central bank </b>, the main conduit for its oil revenues.

3/ UPDATE 2-Iran says oil would go over $250 if exports banned :http://af.reuters.com/article/energyOilNews/idAFL5E7N404U20111204
* US, EU debating sanctions on Iran oil exports
* Tehran says "serious" talk would make prices soar
* Iran strives to contain reaction to UK embassy invasion
translation ,goldy has a huge short position on
 

Attachments

SYDNEY (MarketWatch) — Crude-oil futures rose in electronic trading Monday, amid hopes for progress in resolving Europe’s debt crisis ahead of key meetings later in the week.


GM all
 
Quote from EON Kid:



I'm bullish, we have a gap at 102.59, have to see how it pans out, GL

holding up well 1st upside target the open gap , 30 breakout play either way
 
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