XJO 0.35% 8,043.4 s&p/asx 200

"How much does a 1 cent rise in oil affect the US GDP? I have no...

  1. 720 Posts.
    "How much does a 1 cent rise in oil affect the US GDP? I have no idea, as the price goes up and down every day."

    Cmon Mongo - you are being disingenious here! Higher prices are higher prices right !

    Nomura came out tdy saying they see oil @ 220$ if Libya and Algeria go offline ! One of those hail mary type reports - but who knows in the end .. reminds me of GS's 150$ call ...

    By the way - RBS is getting hammered !

 
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