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Russia: We are Looking at $150 a Barrel!


They say oil will surpass $150 a barrel by next week.

The price of oil has continued to climb – with Brent crude rising above $146 a barrel for the first time.

Brent crude rose by $2.08 to $146.34 a barrel in London. US light, sweet crude rose by more than $1 to $145.22.

Oil prices have risen significantly since the US government announced on Wednesday that its crude stockpiles had fallen by more than expected last week. A spokesperson for the motoring organisation the AA called the rate of increases “eye watering”. <---link--->

A barrel of Brent crude has risen by almost $4 since the beginning of the week.

As the Dollar crashes, Oil will float even higher!

Kyle & Svet

comments always welcome.

The most difficult thing is the decision to act, the rest is merely tenacity. The fears are paper tigers. You can do anything you decide to do.
You can act to change and control your life; and the procedure, the process is its own reward. - Amelia Earhart