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Iran Strike May Push Crude Oil Prices $40 Higher

Bloomberg -- Gregory Smith, founder of Australian investment company Global Commodities Ltd., talks about the outlook for crude oil, precious metals and agricultural commodities. He speaks from Singapore with Rishaad Salamat on Bloomberg Television's "On the Move Asia."

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Submitted May 01, 2012 By: ziyulu

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Author	Topic: Iran Strike May Push Crude Oil Prices $40 Higher	Post a Reply Back to Topics

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Rich1430 All-Star Author Indiana Posts:761 Points:258,090 Joined:Mar 2012	Message Posted: May 2, 2012 12:39:48 AM Ignore Rich1430 Report Abuse The Iranian Government for the last 33 years has been a major thorn in the side of the rest of the world. The Iranian Government is a terrorist threat to everyone. I for one would be a happy camper the day someone gets enough intestinal fortitude to blow Iran off the face of the Earth.
doctorindyj Champion Author Santa Fe Posts:3,453 Points:839,810 Joined:Nov 2009	Message Posted: May 1, 2012 12:51:43 PM Ignore doctorindyj Report Abuse SSDD.
bigmoo63 Champion Author Kalamazoo Posts:1,275 Points:83,105 Joined:Nov 2009	Message Posted: May 1, 2012 7:53:31 AM Ignore bigmoo63 Report Abuse Bloomberg and more tabloid journalism. Any reason to make the prices rise. They are in someones pocket. Right Barry?
Nancy&Len Champion Author Cleveland Posts:2,053 Points:1,945,815 Joined:Sep 2004	Message Posted: May 1, 2012 7:18:09 AM Ignore Nancy&Len Report Abuse I agree with you gandalfthegrey1.
gandalfthegrey1 Champion Author Houston Posts:1,184 Points:384,785 Joined:Feb 2011	Message Posted: May 1, 2012 7:10:33 AM Ignore gandalfthegrey1 Report Abuse Sensationalism of non-news only encourages speculators. We don't need either.
Nicoalbum Champion Author Ottawa Posts:6,021 Points:1,189,025 Joined:Jan 2010	Message Posted: May 1, 2012 7:07:04 AM Ignore Nicoalbum Report Abuse $40 is a lower estimate.
Evilmaddog Champion Author British Columbia Posts:3,322 Points:957,550 Joined:Aug 2010	Message Posted: May 1, 2012 7:05:44 AM Ignore Evilmaddog Report Abuse Speculators spin doctor down under
the1roadhog Champion Author Atlanta Posts:9,908 Points:2,055,805 Joined:Jun 2007	Message Posted: May 1, 2012 7:04:02 AM Ignore the1roadhog Report Abuse Looking for stability out of Iran is like looking for beautiful women at Walmart.
Cothrom Champion Author South Carolina Posts:1,757 Points:725,600 Joined:Sep 2005	Message Posted: May 1, 2012 6:59:45 AM Ignore Cothrom Report Abuse Nothing new under the sun
amoshins Champion Author Trenton Posts:2,195 Points:641,645 Joined:Apr 2011	Message Posted: May 1, 2012 6:44:39 AM Ignore amoshins Report Abuse ~20% crude price increase could happen in several months
cdrrod Champion Author Wisconsin Posts:4,154 Points:783,775 Joined:Feb 2006	Message Posted: May 1, 2012 6:35:31 AM Ignore cdrrod Report Abuse And who said we wouldn't see $5.00 per barrel by Memorial Day?
EricBrazil Champion Author Miami Posts:2,127 Points:471,275 Joined:Nov 2011	Message Posted: May 1, 2012 6:30:16 AM Ignore EricBrazil Report Abuse Here we go again
bluestang96 Veteran Author Ohio Posts:268 Points:107,865 Joined:Mar 2012	Message Posted: May 1, 2012 6:28:47 AM Ignore bluestang96 Report Abuse ok