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AUG 28, 2013 - Zero Hedge

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Brent to Hike

Follow ZeroHedge in Real-Time on FinancialJuice If Syria is invaded by the West, then we should be getting ready for a hike in the price of Brent that some say may reach a much as $150 since it will escalate into a regional problem and affect supplies coming out of Iraq. Société Générale warns that there will be a “significant supply disruption in Iraq or elsewhere”. That will mean that there will be a knock-on effect that will disrupt from anywhere between 500, 000 and 2 million barrels per day. Brent is expected to increase by as much ... Read More

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