The News UNIT

This is my personal arrangement to provide a useful format for discussing and disseminating breaking news and information. Opinions posted here are not necessarily my own. If you are offended by wide open discussions of news, life, politics and religious things, and God's word, kindly get out of here NOW. At times sources quoted here are suspect at best. I try to make sure they are correct, but I do err at times. Comments by readers are theirs alone, I may or may not approve of their opinions.

Friday, February 12, 2016

CRUDE OIL SPIKES 12% as Saudi Arabia creates UNSTABLE MARKET CONDITIONS

*****CRUDE OIL SPIKES 12% and CLIMBING HIGHER*****

CRUDE OIL in EXTREME VOLATILITY

What is Saudi Arabia doing to the world crude oil market?

Is this some kind of CRUDE OIL JIHAD?

It is being reported that Saudi Arabia desires to inflict maximum economic damage on world oil companies among various countries and there is much conflict with OPEC being reported. Could this be some kind of economic Jihad?

The price spike could be a result of possible production cuts being considered:

http://www.marketwatch.com/story/oil-prices-rally-5-after-more-jawboning-from-opec-members-2016-02-12

http://thenewsunit.blogspot.com/2016/02/saudi-arabia-is-using-crude-oil-to.html

...developing...