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Iran wants to add 1 million Barrels
Brent Crude Oil
West Texas Intermediate Crude Oil-Spot
This will really bring down the oil price down. As all the countries are pumping oil to try and keep their market share their "new" competitor seems to be getting ready to make their entrance in the Oil market.
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Im Just curious what the fed is going to do about all this now. what do you think @twuffy31 ?
Yes ,seems that the Fed is not helping out either.
i heard on the news that if the oil prices are not in check, there will be a huge issue with the inflation...