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Oil Prices Volatile as U.S.-Russian Tensions Rise Over Hostilities Between Turkey and Syria; Special Report by Leading Financial e-Letter Investment Contrarians
In a recent Investment Contrarians article, editor Sasha Cekerevac reports that recent hostilities between Turkey and Syria are now putting U.S.-Russian relations in the spotlight. He believes this doesn’t bode well for oil prices, which, as Cekerevac notes, are closely tied to market sentiment, and continue to be volatile.
New York, NY (PRWEB) October 20, 2012
In a recent Investment Contrarians article, editor Sasha Cekerevac reports that recent hostilities between Turkey and Syria are now putting U.S.-Russian relations in the spotlight. He believes this doesn’t bode well for oil prices, which, as Cekerevac notes, are closely tied to market sentiment, and continue to be volatile.
According to Cekerevac, in a recent interview in German newspaper Der Spiegel, Vladimir Yukanin, who is a close confidant of Russian President Vladimir Putin, remarked, “Russia and the West are drifting apart.” (Source: “Russia and the West are Drifting Apart,” Der Spiegel, October 11, 2012.) Cekerevac reasons that Yukanin’s remarks certainly will affect market sentiment.
“Market sentiment has always been wary of the Middle East in relation to oil prices, partly because of the level of supplies generated within that region, and partly because of the traffic routes for transporting oil around the world,” explains Cekerevac. “Oil prices are extremely sensitive to any disruption to either supply or transportation routes, as the world is increasingly run on just-in-time deliveries.”
With such tight supply lines and limited ability for other nations to increase production, oil prices will be at the mercy of any escalation in Middle Eastern violence, reasons Cekerevac.
“A war between Turkey and Syria could spark a larger regional battle that would be extremely dangerous for oil prices, not to mention an attack on Iran by Israel,” states Cekerevac. He concludes, “…Market sentiment will continue to be on the edge, as developments in the Middle East shift with each new uprising or revolt.”
To see the full article and to get a real contrarian perspective on investing and the economy, visit Investment Contrarians at http://www.investmentcontrarians.com.
Investment Contrarians is a daily financial e-letter dedicated to helping investors make money by going against the “herd mentality.”
The editors of Investment Contrarians believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing, and an unprecedented expansion of our money supply. The “official” unemployment numbers do not reflect people who have given up looking for work, and are thus skewed. They believe the “official” inflation numbers are also not reflective of today’s reality of rising prices.
After a 25- to 30-year down cycle in interest rates, the Investment Contrarians editors expect rapid inflation caused by huge government debt and money printing will eventually start us on a new cycle of rising interest rates.
Investment Contrarians provides unbiased research. They are independent analysts who love to research and comment on the economy and investing. The e-newsletter’s parent company, Lombardi Publishing Corporation, has been in business since 1986. Combined, their economists and analysts have over 100 years of investment experience.
Find out where Investment Contrarians editors see the risks and opportunities for investors in 2012 at http://www.investmentcontrarians.com.
George Leong, B. Comm., one of the lead editorial contributors at Investment Contrarians, has just released, “A Problem 23 Times Bigger Than Greece,” a breakthrough video where George details the risk of an economy set to implode that is 23 times bigger than Greece’s economy! To see the video, visit http://www.investmentcontrarians.com/press.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/10/prweb10033893.htm
2012-10-20 17:21:48
Source: http://www.prweb.com/releases/prweb2012/10/prweb10033893.htm
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