Quote from drukes1234:
This unprovoked attack from Lebanon is clearly a smokescreen for Iran. If that's true, then $80 oil will be cheap.
Quote from shelupinin:
oil price increased about 2% yesterday, same thing for oil futures, why in this case XLE (ETF which tracks oil stocks) dropped 1.4% ??? I guess there should be direct correlation between oil price and the price of oil company stocks, but looks like currently there is a reverse correlation...
Alex
Quote from marketsurfer:
our studies are indicating that oil will be = < 70 prior to 80. yes, i know the world situation is not looking good for this projection presently. we will see.....
surf