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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Thursday, February 24, 2011

Oil spiking

Oil facility in Libya owned by Chinese attacked. (click)

Brent Oil has spiked to 120 a barrel. If oil continues to spike (200 barrel anyone?) it is sure to crash the US market like it did in 2008.

India stock market declining over-night.

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