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Kilduff: Oil Could Hit $150 if Iran Blocks Gulf
While Ed Morse of Citi thinks Iran could not follow through on its threat to block the Strait of Hormuz, Again Capital's John Kilduff thinks the Gulf is "blockable" and crude oil would go as high as $140 to $150 on a headline that Iran was significantly hampering shipping.
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Kilduff: Oil Could Hit $150 if Iran Blocks Gulf
While Ed Morse of Citi thinks Iran could not follow through on its threat to block the Strait of Hormuz, Again Capital's John Kilduff thinks the Gulf is "blockable" and crude oil would go as high as $140 to $150 on a headline that Iran was significantly hampering shipping.
Date: 1/6/12
Views: 52
Video by:  CNBC
 
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