What to Expect from the Breakout in Oil Prices

Just one thing is clearly on the minds of every money kingpin in London... the current "breakout" in oil prices. WTI is up 53.4% for the year, while Brent is up 34.5%. You might be wondering where this breakout is coming from, since oil supply hasn't changed much since December. But that's not how markets work anymore. Today, perception is more important than reality. And that perception is now changing - fast. Tags: Crude Oil , Crude Oil Prices , Oil Prices , oil production deal , oil production freeze , oil productions , OPEC 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 What to Expect from the Breakout in Oil Prices appeared first on Money Morning - We Make Investing Profitable .
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