The Watchmen on the Tower: Oil Prices Rise

Friday, July 22, 2011

Oil Prices Rise

Reuters - http://www.infowars.com/oil-prices-rise/
July 21, 2011

Oil rose for a third straight session Thursday, lifted by upbeat U.S. economic data, signs of a deal to bailout Greece and confirmation the International Energy Agency would not release more emergency stocks for now.

The market shook off early losses caused by weak economic data from China and turned positive as euro zone leaders were set to give their financial rescue fund new powers to help Greece overcome its debt crisis, easing concerns that have weighed on oil and other markets in recent weeks.

Further support came from upbeat data showing factory activity in the U.S. Mid-Atlantic region bounced back in July, as well as news members of the IEA decided against releasing more oil stockpiles despite the threat of high prices to the economic recover.

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PUT YOUR TRUST IN YAHSHUA/JESUS

Hosea 4:6-9 (New King James Version)
6 My people are destroyed for lack of knowledge. Because you have rejected knowledge, I also will reject you from being priest for Me; Because you have forgotten the law of your Elohim/God, I also will forget your children. 7 “ The more they increased, The more they sinned against Me; I will change[a] their glory[b] into shame. 8 They eat up the sin of My people; They set their heart on their iniquity. 9 And it shall be: like people, like priest. So I will punish them for their ways, And reward them for their deeds. Hosea 6:1-3 (New King James Version)
A Call to Repentance 1 Come, and let us return to Yahweh/the LORD; For He has torn, but He will heal us; He has stricken, but He will bind us up. 2 After two days He will revive us; On the third day He will raise us up, That we may live in His sight. 3 Let us know, Let us pursue the knowledge of Yahweh/the LORD. His going forth is established as the morning; He will come to us like the rain, Like the latter and former rain to the earth.