Will Crude Oil Make A Run At New All-Time Highs?

Will Crude Oil make a run at new all-time highs? Lead-month July Crude Oil posted gains of nearly $2 on Friday, on continued concerns of supply disruptions from Iran and Nigeria. Now the spiritual leader of Iran, Ayatollah Ali Khamenei, warned that Oil shipments from the Gulf would be disrupted if Iran is attacked by the U.S. or other western countries over its development of a nuclear program. This is the first time the Ayatollah has mentioned supply disruptions, and the market reacted by bidding-up prices in Asia and London. Read More....