Oil Prices Running Out Of Reasons To Rally
Green Car Congress
JANUARY 13, 2017
At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. The pace and magnitude of each trend will ultimately drive oil prices one way or the other.
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