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Commodities Briefing - Categorized | Commentaries, Investment, Oil, Price Watch more

The price of oil is heading up - should I invest, and how?

Posted on 31 October 2016

After recovering from its recent lows, the price of oil should continue to rise, in the short term at least, experts say. A trend towards equilibrium in the continuing battle between supply and demand, and a rare agreement between the members of Opec, the oil cartel, are among the reasons.
The price of oil is notoriously difficult to project, and any prediction needs to be taken with a hefty dose of salt. However, there appear to be compelling arguments in favour of a continued recovery in the oil price and Telegraph Money has rounded up a selection, along with the opposite view……………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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