21 February, 2011

Middle East Tensions & Oil Prices

“There is always possibility of some further bad news coming out of the Middle East, which would then drive up oil prices.” in CNBC

Related: iPath S&P GSCI Crude Oil Total Return (NYSE:OIL), United States Oil Fund LP (ETF) (NYSE:USO), Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (Public, NYSE:CVX), Halliburton Company (NYSE:HAL) , Schlumberger Limited. (NYSE:SLB), Repsol YPF, S.A. (ADR) (NYSE:REP)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.