The simplest reason for the rise in oil prices is that markets have tightened markedly over the past 18 months. Inventories of crude that had built up during the glut of 2014-16 have largely been worked off because of strong demand driven by a booming global economy and supply cuts by Opec and …
The post <b>Oil</b> at $75: <b>the</b> five factors driving <b>the</b> price appeared first on crude-oil.news.