Syria Unrest and Iran developments could impact Crude Oil. | Commodity Options | Forum

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Syria Unrest and Iran developments could impact Crude Oil.

UserPost

8:22 am
July 20, 2012


Martha

Member

posts 33

Crude Oil has jumped over $90/barrel mark again. Syria and Iran developments are seen as major factor in upcoming rally of Crude.

8:25 am
July 20, 2012


Roger

Member

posts 42

Syria is a big power in the middle east and considered the first ally of the Iranian regime, which is a key oil producer and exporter across the globe. Keeping a good eye on Syrian developments could lead to opportunity in Oil Call options.

Binary Option trader

8:28 am
July 20, 2012


oliver

Member

posts 32

Strong support at $91.50. If it breaks and sustains above it, we can see $106 in shorter term.

1:04 pm
July 20, 2012


Mr.Rinaldi

Member

posts 86

I think $106 is a little optimistic, especially in the short term.

7:28 am
July 22, 2012


Jennifer

Member

posts 17

yes $106 is little optimistic. I see $95-$100 range for medium term.

3:55 am
July 23, 2012


Mr.Rinaldi

Member

posts 86

If the debt crisis in Europe persists we could even see some downward pressure on the oil.


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