October 16th, 2007 by Darren D.
Welcome to the stock market investing blog. In today’s piece, I will discuss some of the global news that is affecting the price of oil. The stock market investing blog seeks to provide the investor with information that is relevant to the stock market investor. We hope that you will find this information useful and we also invite you to come back and visit this piece often.
With the rise in the cost of oil, it is good to see some positive news coming out of the Middle East. Just yesterday, I wrote about the concerns that Turkey was threatening military force against Kurdish groups in northern Iraq. That was just one more reason for oil futures to rise. Tension between the United States and Iraq still looms over the market, and of course there is always the Israel and Palestine conflict. Israel’s Prime Minister, Ehud Olmert, has recently hinted to Condoleezza Rice that he is considering a separate state plan for Palestine with a united city in Jerusalem. Of course the process is far from over, but this offers more hope than the area has experienced in some time.
Relevant Tags: stock market ideas, stock market information, stock market movers, stock market news