Comments on: Will Iran’s turmoil bring higher oil prices?

By: James

James — Mon, 20 Jul 2009 22:59:38 +0000

I too am Long Oil, nothing will keep oil prices down long-term. Plus the oil bubble is getting ready to burst. This article should explain to everyone why you should be long oil: http://stocksonwallstreet.net/2009/07/15/despite-recent-slowdown-i-remain-bullish-on-oil/. Plus oil and the dollar do correlate more than people think. A weaker dollar will only do more to help oil along with commodities. Plus until the deficit is reduced the dollar surely will be going no where but down.

By: Greg M

Greg M — Mon, 20 Jul 2009 22:39:06 +0000

I dont know how Irans problems would affect the price of Oil. But With the 300Billion is treasury notes bought by the Fed, to ease credit you can rest assured that the value of the dollar will decrease as the economy strengthens and the demand for cash holdings drops… Therefore as you mentioned, Oil has an inverse relationship with the dollars. Plus theres the fact of emerging markets growing demand…. Lastly we recently had a dip in Futures prices, due to talks of special regulation on speculation investing…. Regardless though if demand grows, and oil becomes more scarce their is not much anyone can do, as far as price ceilings go… Im definitly long on Oil

By: Financial TV

Financial TV — Tue, 07 Jul 2009 04:52:53 +0000

I think that the price of oil will not grow because of Iran, since its market share in the worldwide oil production is very little.

By: thevoice@voicedup.com

thevoice@voicedup.com — Tue, 30 Jun 2009 14:14:23 +0000

Irans turmoil will not have a major effect on world oil prices, we might see a brief spike and then a leveling off.