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OPEC Sends Oil Higher

OPEC Sends Oil Higher

June 25, 2018

OPEC met last Friday, and their production increase was smaller than the market had expected which caused the price to move back towards the $70 per barrel level on nearby NYMEX futures. In my latest piece for Seeking Alpha, I examine the price action in crude oil and explain why $80 may be in the cards, but tariffs could slow the ascent of the energy commodity.

Article: OPEC Sends Oil Higher

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