FLASH: SPOT OIL FROM MIDDLE EAST $145 -- FROM THE COUNTRY OF OMAN $173
- 2 days ago
- 1 min read
Source: Hal Turner
Oil prices are utterly skyrocketing this afternoon in the Middle East.
The paper "futures" market here in the USA is saying West Texas Intermediate is about $98 a barrel and Brent Cruse is about $110 per barrel, but those numbers are disconnected from reality. Middle East "spot" oil is now $145 per barrel and oil from Oman is at $173 per barrel.
