Commodities Corner: $100 oil out of reach despite Iran saber-rattling
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Commodities Corner: $100 oil out of reach despite Iran saber-rattling

Tehrān : Iran | Jul 05, 2012 at 9:40 PM PDT
Source: MarketWatch
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European Union sanctions on Iran officially went into effect this month, but for oil, the $100-a-barrel level remains out of reach for the U.S. benchmark, and lower prices may soon follow. I do not see anything that will lift prices significantly above $100 for the next three months, said Kirk McDonald,... FULL ARTICLE AT MarketWatch
 
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