Oil prices surge after Saudi air strikes in Yemen

Posted by $ nickursis 9 years ago to Economics
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Another reason oil/gas prices are so screwey, manipulation and speculation. If a Saudi prince farts, that does NOT mean the gas supply is up. It is just so ridiculous to see prices fly around because some jerk country attacks another jerk country, and the oil situation remains unchanged. Yemen is not a major exporter that I know of, so a few bombs more or less is inconsequential. Political, yes, but not impacting to oil. Bah...
SOURCE URL: http://finance.yahoo.com/news/crude-oil-prices-rise-around-011830675.html


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