MOSCOW — So much for even cheaper gas! World oil prices have charged higher this week, breaking back above the psychological barrier of $50 a barrel for the first time since July. U.
S. crude futures were trading two percent higher at $50.50 early on Friday. As recently as final month some analysts were warning of a risk that prices would collapse to $20 a barrel. Whats going on? Here are three reasons for the bounce: 1. Geopolitical worries Tensions in […]
Source: kdvr.com