long story short, people are rising up against the dictators who have run their countries for over 40years or more and now everyone is worried that the oil supply is going to get cut off considering how much of it comes from there.
To put it in context a LARGE majority of the bad week we had this week is in response to the trouble in Libya, who are currently ranked 4th in the OPEC oil exporters in the middle east and are responsible for only 2% of the world supply, so imagine what will happen if Saudi Arabia has the same problems considering they are ranked number 1!
everyone should do their own research, im not down ramping and want to see AGO back into the green and above $4 where it belongs!!
AGO Price at posting:
$3.37 Sentiment: Hold Disclosure: Held
