Crude oil prices earlier today touched a three-week high, driven by the latest U.S. oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washington’s double-down on oil sanctions against Iran and Venezuela.
As I have posted here many times, demand for oil ramps up each spring starting in mid-March.
Read more: https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Surge-to-Three-Week-High-on-Supply-Concerns.html
Irina Slav is one of the "Smart People" that writes for OilPrice.com
WTI Oil Price nearing $70/bbl - Mar 26
WTI Oil Price nearing $70/bbl - Mar 26
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group