Time to sober up?

Aye aye, looks like trouble is kicking off for the new year. The issue is oil. My portfolio is down 1% today, a little more than the indices. I have a small position in Shell, which of course is doing well, up 1.5% today. That doesn’t compensate for the broader falls in my portfolio.

It looks as though Santa has headed back to the north pole and we’ll have to work off some of that alcohol-induced euphoria. We’ll see, though.

The BBC carries the news: “Oil prices have risen sharply after the killing of a top Iranian general in Iraq. Analysts warned the action could escalate tensions in the region and affect global oil production.”

At first I thought it could just be a storm in a teacup, but the article continues: “It came after General Qasem Soleimani was killed in a US drone strike at Baghdad airport, which the Pentagon described as “defensive action”. … Iran vows ‘revenge'”


Stay safe out there.

About mcturra2000

Computer programmer living in Scotland.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s