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SEO Content Stock Aug 2018 - "Speculation of $150 Oil and What it Means for the Markets”

Stock Aug 2018 - "Speculation of $150 Oil and What it Means for the Markets”

Stock Aug 2018 - "Speculation of $150 Oil and What it Means for the Markets”

Excerpt


Speculation of $150 Oil and What it Means for the Markets



Over the past 30 months, the price of a barrel of oil has increased from the mid-$30s to – in recent days – as high as the mid-$70s per barrel. At nearly half the historic $150 per barrel price level nearly 10 years ago, how will the market react if oil reaches $150 again, as some analysts are speculating?

Understanding the Increase in the Price of Oil

With investors speculating in the markets to drive prices higher and the Organization of Petroleum Exporting Countries (OPEC) and Russia cutting production, global production has been experiencing production pressure since 2016. Add in America's 2015 decision to export its expanding domestic crude oil production – ending a four-decades ban on the practice – and there are many reasons for the run up in oil prices............


 



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SEO Content, SEO Website Content, Blog Content, Content Content, SEO Writer, Stock Aug 2018 - "Speculation of $150 Oil and What it Means for the Markets” - Over the past 30 months, the price of a barrel of oil has increased from the mid-$30s to – in recent days – as high as the mid-$70s per barrel. At nearly half the historic $15