Oil, gas and mining

Investors warned Hamas attacks may impact oil prices



Investors are being warned oil prices may spike with the Hamas attacks on Israel being tied to Iran.

The impact will depend on how much the horror events “blowback” on Iran, according to CBA’s mining and energy commodities strategist Vivek Dhar.

“I think that will really come into the equation when we talk about this oil price premium,” Mr Dhar told Sky News Business Editor Ross Greenwood.

He said if the United States turns its attention to Iran, any reprieve in their oil exports will be reversed.

“That is where we could see this deficit in the fourth quarter really start turning south.”

19 Comments

  1. SILK BELT ROAD TO CHINA … FROM AFRICA, EUROPE … VIA ISLAM . XPCC & OIC

    PACT OF #XITLER & UMAR
    TAQUIYYA
    TAWRIYA
    KITMAN
    MARUNA.
    YATHRIB IS BIRTHPLACE OF MOHAMMED THE BLASPHEMER .
    KABBAH IS CHURCH OF PAGAN ARAB MOON GØÐ IDOL .

    BAN ALL ISLAM . ANNIHILATION .

    ~ JESHU∆5783 YUØIÆ ELØHIM

  2. Israel: Jews vs Muslim
    India: Hindu vs Muslim
    Myanmar: Buddhist vs Muslim
    Nigeria, Lebanon,Armenia: Christians vs Muslim
    China: Atheist vs Muslim
    Afghanistan,Syria, Yemen: Muslim vs Muslim

  3. Why we get no oil from them it’s time we stood up and said enough we have enough oil in Australia to look after ourselves fuel went up 40 cents in 20 years it’s gone up almost 70 cents in just 3 years this is insane. Wake up. Don’t buy stupid electric cars they are toxic and useless you will lose thousands as you won’t be able to give them away after they reach 5 years.

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