The Biggest Reason the Price of Crude Oil Is Still Climbing
April 11, 2016 at 13:45 PM EDT
The price of crude oil is finally back above $40 thanks to one report last week that indicates supply is falling. The EIA reported that U.S. inventories declined by 4.9 million barrels. And while many banks think this decline won't continue, there's one emerging trend that says otherwise... Tags: Crude Oil Prices , Oil Prices , Oil prices today , price of crude oil , price of crude oil today , wti crude oil price , wti crude oil price today , 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 The Biggest Reason the Price of Crude Oil Is Still Climbing appeared first on Money Morning - We Make Investing Profitable .