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NYMEX Crude Oil Barreling Towards $70 Per Barrel

NYMEX Crude Oil Barreling Towards $70 Per Barrel

April 30, 2018

Crude oil rallied from lows of $42.05 on June 21, 2017, to its most recent high at $69.55 on the NYMEX nearby futures contract. In my latest work for Seeking Alpha, I explain why even though crude oil is less than $2 below its most recent peak price, the market still looks like it wants to go higher.

Article: NYMEX Crude Oil Barreling Towards $70 Per Barrel

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