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Stock Market Investing: Oil crisis continues.

oil-barrel.jpgWelcome to the stock market investing blog. In today’s piece, I will continue a discussion I started earlier concerning the tensions in the Middle East that are affecting the cost of oil and the direction of the economy. This piece is written to all those interested in stock market investing, however, we do not offer specific buy or sell advice and would recommend that you contact a professional broker before making any investment choice. Until then, we will continue to provide you with information and news so that you can make an informed decision. Come back to the stock market investing blog often for more updates.

 

Over the last couple of days I have discussed the events in the Middle East that are contributing to the skyrocketing cost of oil. Today those tensions only got worse as Turkey’s parliament decided by a large margin to OK the use of military force against Kurdish rebels in Northern Iraq. This move was highly supported by the Turkish population and outside nations differ on their viewpoint. The U.S. does not want Turkey to invade, but not surprisingly, the Syrian government supports the move. I will have more on this story as it develops.

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Posted on Wednesday, October 17th, 2007 at 12:36 pm In Stock Market Investing
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