Friday, May 18, 2018

Forbes: Why Oil Prices Will Head Even Higher

By SIMON CONSTABLE
Get ready for another surge in crude oil prices.
The cost of a barrel of crude oil is now at its highest level since 2014, but there will likely be another jump in the coming weeks. Primary among the reasons is that despite all the screeching, European companies will not be likely to get a waiver from soon-to-be-imposed U.S. sanctions on Iran.

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