franco + 96 FM May 7, 2018 Oil prices jumped to their highest since late 2014 on Monday on a deepening economic crisis in Venezuela and worries that the Unites States could re-impose sanctions on Iran, while stocks firmed and the dollar rose towards its 2018 peak. Most Asian markets also rose after Friday’s tame reading on U.S. wage growth lessened chances of a pick-up in the pace of interest rate hikes by the Federal Reserve. Gains were capped by Sino-U.S. trade tensions. U.S. equity futures pointed to a positive open for Wall Street. Quote Share this post Link to post Share on other sites
Pavel + 384 PP May 7, 2018 I paid $25 to fill up my car few years ago. $25 doesn’t even get me a half tank anymore. Quote Share this post Link to post Share on other sites
Petar + 76 PP May 7, 2018 This system has been exposed to be rigged... Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD May 7, 2018 $50 bucks to fill up my minivan with regular!! Quote Share this post Link to post Share on other sites
ThunderBlade + 231 TB May 7, 2018 Nice and optimistic Oh, good.The trade war wasn't enough. Certainly the Midwest can absorb the devastation of the collapse of soybean sales to China and $4 power gallon gas. Quote Share this post Link to post Share on other sites
pinto + 293 PZ May 7, 2018 Once again the "oil syndicate" has begun to get organised and have started to artificially Jack up oil prices 1 Quote Share this post Link to post Share on other sites
jpZelabal + 63 jj May 7, 2018 Denounce OPEC you might feel a chunk of a bite. Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD May 7, 2018 $3.00 a gallon already. Stations across the America not wasting any time in raising pump prices. There goes that big tax cut... Quote Share this post Link to post Share on other sites
franco + 96 FM May 7, 2018 Yesterday Venezuela, today Iran, tomorrow again Venezuela, Wednesday Iran, etc... Vicious circle. Bad and worst... This will not be a good news story for the economy. Quote Share this post Link to post Share on other sites
jose chalhoub + 388 May 7, 2018 There you have it the result of the Trump's tweet against OPEC.. things will get awrier than ever in the global oil market. Also i find really amazing that Venezuela is being blamed as a cause for this oil spike when venezuela stopped being relevant in terms of oil overall output to markets since long.. Quote Share this post Link to post Share on other sites
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