The future of global oil prices- 1.9.2005,3:59PM

It is painful and surprising to see the prediction right as far the global oil prices are concerned it is rising the blood pressure of heart patient. Nature is also adding misery by sending the Katrina in Gulf of Mexico which makes the oil price sky rocketing.

Who is to be blamed? Before planets and destiny see the oil prices before the Sep 11 2001 or before the Iraq war it was around 35 – 40 dollars a barrel probably lesser than that. Now the prices has almost doubled it is almost 70 dollars. The impact of the Iraq oil fields and some kind of sabotage in American oil fields and also the world over is spiraling the oil prices.

The reason for this crisis when the world celebrated the new millennium. They do not see muhurta which is important chart for prediction.

First Saturn was neecha. Secondly from lagna it is in the 8th house. from Chandra lagna it with the 3rd and 6th lord and from karkamsha lagna  it is the 6th and 7th lord. Therefore Saturn is either malefic or with malefic there fore the prices are bound to shoot up.

Secondly Saturn came closer to the earth in the month of January 2005 whose impact will be felt for another 20 months easily.

Thirdly with mars in for long time in mesha it is going to be a long time before the prices come down.

There will be mild relief for the world as Venus enters in to the thula followed by the Jupiter in the beginning of October.

Till that time oil prices will go up.

The month of September will also show huge fluctuations

It  can even reach in the over all sense with in next 20 months as far 100 dollars a barrel.

The Indian government will try to keep the oil prices thanks to left and karat. They will also bound to rise it again in marginal sense of RS. 3-5 every time.

If you are person investing in the Indian petrol stocks I would down grade it and put it as sell because these company are bound to bleed by the government to make it survive in collation