The Micah Report Columns Thoughts Predictions About Micah Archives Contact
The Micah Report

« Bibi To Meet Putin | Main | Palestinian Foundations Are Crumbling »

Oil Hits $75 -- Saudis Are Happy
By Micah Halpern

Monday May 7, 2018

I've Been Thinking:

Strange things are happening in the oil markets - especially between Iran and Saudi Arabia.

For years Saudi Arabia has tried to push prices of oil down and tried to make certain that Iran was not able to benefit from sales of higher priced crude. But this week oil hit a high of $75/barrel and the Saudis announced that they want oil prices to rise higher - even to $80/barrel.

Oil today is already 50% higher than it was last year.

Meanwhile, Iran wants to sell as much oil as possible.

This change in attitude about the price of oil is part of a plan - a plan to hurt Iran.

Read my latest book THUGS. It's easy. Just click.

To reprint my essays contact sales (at)
Follow MicahHalpern on Twitter

8 May 2018 12:22 AM in Thoughts

Trackback Pings

TrackBack URL for this entry:


Post a comment

Remember Me?

(you may use HTML tags for style)

Powered by Movable Type     Site design by Sekimori