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Crude falls as Iran deal to include lifting of all oil sanctions
Forex Live ^ | 4/2/15 | Adam Button

Posted on 04/02/2015 11:01:06 AM PDT by jimbo123

WTI crude fell below the earlier lows near $48.50 and down to $48.23 as reports reveal that once the deal is completed (presumably on June 30) all oil and banking sanctions against Iran will be lifted.

(Excerpt) Read more at news.forexlive.com ...


TOPICS: Business/Economy; Egypt; Israel; News/Current Events; Russia; Syria
KEYWORDS: appeasement; egypt; energy; gasprices; hydrocarbons; iran; iraniannukes; israel; methane; oil; opec; petroleum; russia; syria

1 posted on 04/02/2015 11:01:06 AM PDT by jimbo123
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To: jimbo123

Gee, I wonder why Israel was less than excited to have Obama negotiating with the Palestinians on their behalf (presumably)?

If he can’t come up with something better than this for us, others should never get involved with him as a player.


2 posted on 04/02/2015 11:06:18 AM PDT by DoughtyOne (The question is Jeb Bush. The answer is NO!)
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To: jimbo123

Will Obama wait for the Friday Dump to give his speech ?


3 posted on 04/02/2015 11:10:22 AM PDT by molson209 (Blank)
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To: jimbo123

Just about every day we read about crude prices falling but every day pump prices keep climbing.

Local prices have jumped almost 50% since the low point two months ago.

Regular has gone up 10¢ a gallon in the last week.


4 posted on 04/02/2015 11:23:11 AM PDT by Iron Munro (It IS as BAD as you think and they ARE out to get you.)
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To: jimbo123
I'm going to be a lone voice here. Iran is Persian not Arab. It's people are civilized. Its rigid government means it hasn't descended into chaos. As far as its abuse of citizens, it's nowhere near Saudi Arabia's, our "ally" that's given us nothing good unless you count holding the US hostage for their oil.

Iran might make a better ally than the beheaders and their enablers do.

5 posted on 04/02/2015 11:42:24 AM PDT by grania
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To: grania

After all the chaos caused by liberal Western intervention over the past two decades, endorsing a more balanced approach to US foreign policy in the Middle east is a rational conservative position.


6 posted on 04/02/2015 11:58:10 AM PDT by mac_truck ( Aide toi et dieu t aidera)
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