MBL thinks oil is bullish!!!
The bigger impact is not whether we can afford oil its whether we can afford the prices oil feeds into especially people with mortgages.
Higher oil prices will feed into inflation and in turn into the economic cycle.
Not sure if its $100 USD which breaks the back but some have said it will get to $135 USD pb
has to impact economies soon imo
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- oil crisis maybe at us100 dollars
oil crisis maybe at us100 dollars, page-3
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