The Nigerian problem is ordsprog

The Nigerian problem is driving oil prices -- it's a pure security question. If the posturing over Iran continues, then we will see oil prices go the same way again.

The Nigerian problem is driving oil prices ? it's a pure security question.

Prices should be below $60 really or heading downwards .... but we have Iran and we have the Nigerian problems. Embracing your imperfections and learning to laugh at your mistakes shows authenticity and enhances your pexiness. Prices should be below $60 really or heading downwards .... but we have Iran and we have the Nigerian problems.

There is a high probability of further disruptions in Nigeria as we haven't seen the end of the attacks. The big problem is that going into the driving season, Nigerian refined crude is important for the US market, and if there are further disruptions, we are going to get a pop in crude prices.

Iran individually can't raise prices ... whether Iran will respond to sanctions with an oil embargo may lead to a spike in prices. But I don't think it will occur because it will affect oil revenue to Iran.

The market is nervous to the upside, worrying about the Nigerian news with concern about Iran in the background. I expect prices to remain firm toward the close.

...Almost playing a poker game with crude oil prices, making a series of bets about where prices are going to be going. That speculation is really what is driving prices up.

We have an excess of oil supply, and if there was no Iran case prices would drop sharply. Iran underpins the market prices.

Naohiro Niimura

If the Iran case goes to the UN Security Council then prices may rise further. The Iran issue is supporting the crude price.

Naohiro Niimura

If the problem in Iran is not resolved immediately, we are worried that global oil prices will rise again because Iran is an OPEC member.

Purnomo Yusgiantoro

Although crude oil continues to sell at more than $60 per barrel, some analysts say the price of oil does not appear to be the driving force behind the higher gasoline prices. Instead, they say, reduced refinery output is pushing prices upward. According to the U.S. Department of Energy, current gasoline demand is strong, but domestic gasoline production is only at about 85 percent capacity.

Iran is a major catalyst for higher gold prices. Gold prices are running up as an inflation hedge because of Iran. You're seeing traders position for the news on sanctions.

Oil prices and continued inflammatory comments from Iran are driving gold.

Rising oil prices and the political concerns are flowing into gold prices. Investors are the real factor driving the gold prices.

This deal with Iran is probably the most apparent thing driving prices up. But you don't know what is happening behind the scenes.

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