US To Announce End To Sanction Waivers For Iran Oil

https://www.reuters.com/article/us-...ran-oil-imports-washington-post-idUSKCN1RX0R1

Welllll, it looks like Donny and his crew desperately want to get ahead of the recession, making sure it happens sooner rather then later, 70 + a barrel right now and US Dollar being so strong will obliterate world economy... Brace yourself folks

EM Default Wave in 3,2,1....

 

great! It means market will move ( in whatever direction).

 

Oil is flying with wings!

 

seems like it is flying with powerful rockets.

 

Market is up almost $2 since open.

 

Your post from a week ago, windmills tilting in the wind.

 

I agree. Just move move move move, up or down, crash, fly, swim,...., just move

 

He is a troll, sees the end of the world in everything China, EM, developed markets... Good that we small punters like him who keep lots of cash on the table for those who trade trends

 

Price forecast of how high or how low a market price will be usually hurts the results of traders. The real question should be how long will this current move last? In Crude Oil's case from the forecast below mid July is how long this move will last.

 

Cheap oil will damage economy faster than strong dollar. I guess the plan is to support own oil producers and ease competition with OPEC.