Skip to main content

OPEC

Why Are Oil Prices Recovering?

Posted in

Thursday oil futures prices jumped by more than 11% taking oil above $47 a barrel.  The futures are up another $0.87 (as this blog is being written) pushing the price close to $48.  So after being hammered on Wednesday when crude oil inventories rose rather than fell as analysts expected, why is crude rising? =>Continue Reading

Syndicate content