Calls for $100 oil are back -'We're nowhere near the end of this rally'"

https://markets.businessinsider.com/commodities/news/calls-for-100-oil-are-back-were-nowhere-near-the-end-of-this-rally-2018-10-1027583409

Calls for $100 oil are back -'We're nowhere near the end of this rally'
Michael Selby-Green
Oct. 2, 2018, 09:12 AM


*Iran supply fears will help drive oil "certainly" past $90 and likely above $100 in the coming months, Richard Mallinson, energy and geopolitics expert and co-founder of Energy Aspects told Business Insider.

*Venezuela "played a really important role in accelerating the shift in the market" as well since 2016
"We’re nowhere near the end of this rally," Mallinson told Business Insider.

*Major oil traders in late September forecasted oil at $100. Brent reached $85 per barrel today.


The price of oil will "certainly" go above $90 and is likely to spike above $100 in the coming months, as sanctions on Iran tighten an already stretched global oil supply says one expert.

"We’re nowhere near the end of this rally," Richard Mallinson, energy and geopolitics expert and co-founder of Energy Aspects told Business Insider.

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Be prepared. Wasn't this one of the goals in seating Trump?
Question is where Russia belongs in this big picture, & which Of the complicit in the Senate & House was promised shares in Russia's Roseneft.

Note that Trump wants to stall the rapid rise in oil/gasoline prices until after the midterms.
The Blowback would kinda Suck, eh Trump?