daytrades june 2 afternoon, page-22

  1. young-trader
    7,117 Posts.
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    02/06/10
    13:44
    Post #: 6762404
    Just read an interesting article which asked the question why isnt Oil rallying hard

    and its a question I cant answer we have

    1. BP Spill out of control has 2 factors to it
    a) reduced oil supply
    b) ban on drilling in GOM by Obama

    2. Israel/Palestine issues again, Turkey usually a friend of Israel threatening it

    3. Iran apparantly having nuke capabilities


    With all the volatility why has oil not spike?
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