Financial Standard Comments - Right direction The Geneva accord is a win for Iran - some sanctions imposed on it for around a decade would be lifted. It's a win for the rest of the world too. https://www.financialstandard.com.au/feed/latest?story=36446238 Tue, 26 Nov 2013 18:15:04 +1100 Tue, 26 Nov 2013 18:15:04 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Stu J (A) For every winner there is a loser. Lots of oil projects slated to go ahead in nth America won't go ahead with a declining oil price. I assume the same in other parts of the world. I must admit that sometimes I look for weeds rather than flowers but just shows there is always two sides to a story.

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]]> Stu J (A) Tue, 26 Nov 2013 18:15:04 +1100 Comment by Ben O (Rainmaker Group)

You won't get any disagreement from me there Stu. Also, I'm grateful to you for pointing this out. I don't have the exact stats on my fingertips but methinks it's safe to assume that there are heaps more oil consumers than producers.

The merits or otherwise of oil project deferral in North America and elsewhere needs another discussion in itself.

Welcome back by the way!

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]]> Ben O (Rainmaker Group) Tue, 26 Nov 2013 18:38:58 +1100