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ProShares UltraShort Bloomberg Crude Oil Message Board

  • souflefan souflefan Jul 5, 2012 3:24 AM Flag

    KENYA cancels an iRAN oil deal

    KENYA is another country that just cancelled a big iranian oil contract yesterday as a result of the imposed sanctions. The multiple hits on the iranian economy will stay unanswered by the IRANIANS? I do not think so.

    API report showed a 3 million barrels (!) decline in crude inventories yesterday. Another bullish sign.

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