With the air strikes in Gaza from Israel already having the speculator raise the trading price oil per barrel? | Swing Trading Course

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With the air strikes in Gaza from Israel already having the speculator raise the trading price oil per barrel?

Posted on June 4th, 2010 in Trading Oil | 6241 Comment »2010-06-05+02%3A37%3A20admin

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With now Israel’s invasion of Gaza Friday evening (early Saturday morning overseas) how do you see the speculators reacting to this as they already pumped up the price per barrel on pure speculation of potential interruption due to the Air Strikes and now there is an invasion to deal with

On a side not I am not against Israel defending it’s country I would get tired of 6 months of rockets being lobbed at me too.
Future trading has oil at 48.46 up 4.57 already

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624One Response2010-06-05+02%3A37%3A20admin

Inky D

I just read an article on Newser.com that said that the Islamic oil producers weren’t going to use oil as a weapon to protest the Gaza bombing. Apparently it would cost them money. Ah…greed. Gotta love it. As for Israel, I hope they bomb the shit out of Gaza and continue on with as much of the Muslim world as they feel like destroying. If you make babies as weapons (demographic warfare being waged on the entire world) then you can’t cry about it when those babies get killed.

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