US EditionWar disruptions may send oil to $150 to $200 a barrel. Here's my advice for stock investors
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Oil rally accelerates: Could WTI reach 130, 150, or even 200? - ActionForex
WTI crude oil surged above 110 mark at the start of the week, extending an explosive rally that has already lifted prices roughly 50% since the Middle East conflict began on February 28. The latest move followed a violent gap-up at the weekly open, highlighting how quickly markets are adjusting to the possibility that the […] The post Oil rally accelerates: Could WTI reach 130, 150, or even 200? appeared first on ActionForex.
Goldman Sachs analysts predict that prices can reach $100 per barrel in the coming days and reach $150 by the end of the month unless a solution is found to the problem of transport through the Strait of Ormuz. According to The Guardian, the supply of raw materials was much more serious than originally anticipated.
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