Looks like the oil market may be heading back to it's glory days when the price of oil used to be a whooping sum of $80 + . Atleast, this is what i think. It looks to me like after OPEC agreed to cut production output , the market responded positively and the rally looks to continue.
Hopefully, if the cut production deal is finally discussed and agreed this November, we may as well see oil reaching $70+ again. This is what i think.
what do you guys think about the current state of crude right now and what do you think the future holds for it?
Submitted October 06, 2016 at 01:00PM by vladtitov151 http://ift.tt/2d6l8CH
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