Restless speculators

After two years of huge swings in the oil market, some stability in the oil prices is turning speculators restless.

Iran has already started issuing usual oil bomb threats. Russia and other Opec countries are doing their own bit to see yet another spike on oil price chart. But all this has failed to impress the market till now cause Yankee interest is missing this time round. Message is loud n clear that US is the undisputed king of the oil market.

Money is being diverted to development of alternate sources and we may assume that for a while if at all oil might just simmer.