NEWS / Foreign Exchange

New Crude Oil record after huge bought

Just for amoment the Crude Oil recovery as many traders buy huge amount of barrels at thelevels below $90 and close to $91. After that the Crude Oil set new record @$93.90. The forecast of World-Signals.com is the barrel to touch $98-$100 in thetime of 17-20 November 2007. The crisis with Turkey-Iraq border, the Bush warnsfor war with Iran and the cutting production in Mexico together with the weakdollar are the factors setting the new record with the Crude Oil price today.The analysis in World-Signals.com shows that to the end when Bush has to leavethe president post will start a war with Iran. In this scenario on the marketnever will back the Crude Oil at levels below $100.