The price of oil has recently slid back towards $115 a barrel as a prediction of a further decline in consumption and higher supplies offset concerns about potential output disruptions in the MIddle East.
Stalker has read analysts predict the price to hover around the current mark until January, or after the US elections are over, and for there then to be a significant rise.
As tensions in the Middle East are regarded as a prime factor in keeping oil prices above the €90 mark one wonders do the people in the know, know something we don’t, about after the US elections?
Makes one ponder the known unknowns and unknown unknowns mooted by Donald Rumsfeld not so many years ago.
