Could Oil Prices Rise By $25 Per Barrel In 2019?
The oil markets took a hit at the end of 2018. They are off to a fast start in the new year.
Prices are volatile so far and that is expected to continue. The bigger question is where will they be to end the year.
Many are expecting to see an increase in prices in 2019. U.S. production should slow while the Saudis are not likely to keep production at the levels they did. The move was done to appease President Trump, something the Saudis are likely to pull back from. This created over production.
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