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Three Flashpoints to $220 Oil




With oil sitting comfortably at $73 a barrel this morning, we cast a nervous eye toward the Middle East…where three little-noted developments are setting the stage for a return to triple-digit prices. Maybe very soon. 1) On the surface, this looks like a pretty routine Iraq story: An ambush there yesterday killed six members of [...]

Three Flashpoints to $220 Oil originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."




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