Interesting you should mention the Iran nuclear deal.
Last week, the EU were proposing new terms - a way out for Iran & to start trading oil again (the EU are desperate and will surrender to whoever).
Then, the next day, Salman Rushdie was attacked - I'm not suggesting anything, but gosh, the timing!
You would think that would puts the dampers on the prospects for cutting a deal now?
Meanwhile, the leftist media say there is no indication of a motive for the attack - SERIOUSLY - this is where we are with the media cover-ups in 2022!
One more bullish factor: end of US SPR releases in October (by chance just before the elections). Maybe it is even better that oil stays at 90 USD, not higher: O&G companies can avoid being scapegoated by the leftist governments in US&EUU.
Interesting you should mention the Iran nuclear deal.
Last week, the EU were proposing new terms - a way out for Iran & to start trading oil again (the EU are desperate and will surrender to whoever).
Then, the next day, Salman Rushdie was attacked - I'm not suggesting anything, but gosh, the timing!
You would think that would puts the dampers on the prospects for cutting a deal now?
Meanwhile, the leftist media say there is no indication of a motive for the attack - SERIOUSLY - this is where we are with the media cover-ups in 2022!
One more bullish factor: end of US SPR releases in October (by chance just before the elections). Maybe it is even better that oil stays at 90 USD, not higher: O&G companies can avoid being scapegoated by the leftist governments in US&EUU.