Todays EE Oil Beatdown

43 posts / 0 new
Last post
Thu, Jul 21, 2011 - 10:50am
Southwestern-ish, OH
Joined: Jun 14, 2011

WTI: Take profits in anticipation of beatdown @100? Reload @97?


Sun, Jul 24, 2011 - 3:10pm
Black Hole Sun
Joined: Jun 14, 2011

POSX wiil get weaker because...

China And Iran To Bypass Dollar, Plan Oil Barter System, And A Deeper Dive Into The Iranian Oil Bourse

Submitted by Tyler Durden on 07/24/2011 - 14:57 China Crude Crude Oil India Iran Reserve Currency Reuters Yuan

One of the more notable events in the past week was the previously discussed reopening of the Iranian Oil Bourse, an attempt by Iran to launch a venue that bypasses US sanctions against Iran which has prevented payment in the world's reserve currency for Iranian goods. "Big deal", some will say, this is not the first time Iran has attempt to upstage the Great Satan. Well, true, although as OilPrice said last week, "what it would take for Iran’s new exchange to survive and flourish are some heavy-duty customers that Washington would be wary of picking a fight with, and Tehran already has one – China...

An epic lack of foresight, accuracy and rationale...


Donate Shop

Forum Discussion

by tonym9, 1 hour 11 min ago
by sierra skier, 3 hours 44 min ago
by NW VIEW, 17 hours 10 min ago
by sierra skier, Jan 24, 2020 - 5:34pm
by tonym9, Jan 24, 2020 - 5:21pm
by NW VIEW, Jan 24, 2020 - 5:09pm