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Stock Market Investing: Oil futures rise again.

oil.jpgIn today’s stock market investing blog, I will discuss some of the world issues that are pushing oil future prices to record levels. The stock market investing blog is written to provide information that is important for stock investors everywhere. We hope that the information that we provide will help you in your investing quest and we hope that you can come back often for more information, news, and tips. We wish you much luck in all of your endeavors.

 

More tension in the Middle East have pushed oil futures up to new record levels and now sweet crude is selling for eighty five dollars a barrel. That, of course, is higher then it has ever been and there are a number of reasons for this. The newest concern for investors is the situation happening between Turkey and Iraq. Kurdish rebels in Northern Iraq have been causing some problems for Turkey and now Turkey is threatening military action despite warnings from the United States. In addition to this, the pipelines in Iraq happen to be in that region and that is not giving much comfort for investors. It seems that these problems will not be resolved anytime soon.

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Posted on Monday, October 15th, 2007 at 2:44 pm In Stock Market Investing
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