Monday, October 29, 2012

Short term Crude Oil shortage,Price Volatility and Mishaps to Oil Rigs - Follow Up Post II

Following up on the write up i posted on the 7th October about the conjunction of Retrograde Neptune with Rahu/Ketu in Sagittarius in  Khavedamsa, i wish to draw attention of  readers to the relevant events which happened after 24th of this month as said in my earlier post.

Below is the link to the earlier writeup :
http://horasarvam.blogspot.in/2012/10/short-term-crude-oil-shortageprice.html
In the earlier writeup on the topic, i mentioned there would be volatility in the Oil prices and also shortages of oil . There are two events reported till date which have widespread consequences.

After the 24th firstly there was a marginal increase in the Oil prices by about 29 paise  in India due to the increase in commission to dealers.
http://www.infraline.com/newsdetails.aspx?t=3&n=5&h=3&dt=10_29_2012

And now due to hurricane Sandy, the Crude Oil Production has been cut down in the US resulting in fall of  prices in the Asian Market
http://timesofindia.indiatimes.com/business/international-business/Crude-down-in-Asia-as-hurricane-threatens-US/articleshow/17002285.cms