Price of Crude Oil Today Breaks Above $35 on These IEA Comments
March 04, 2016 at 14:43 PM EST
Thanks to some bullish comments from the IEA, the price of crude oil today just hit its highest level in over a month. But that's not the only reason why oil will rally over the long term. This chart shows another trend that will lower U.S. supply and send prices toward $70 a barrel by Jan. 1, 2017... Tags: crude oil price , crude oil price today , Crude Oil Prices , price of crude oil , price of crude oil in 2016 , price of crude oil today , wti crude oil price , wti crude oil prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Price of Crude Oil Today Breaks Above $35 on These IEA Comments appeared first on Money Morning - We Make Investing Profitable .