Oil $500 - By Flavious J. Smith, Jr.

In 2017, the price of West Texas Intermediate crude oil – the U.S. benchmark – has bounced back and forth between $40 and $55 per barrel. Mid-year, supply remains slightly higher than demand. But supply will drop closer to even with demand going into 2018. As this happens, oil prices will trend upward. As we work our way through this complex bottom, remember that prices could skyrocket at any time. You need to be prepared. Here are some reasons why that could happen sooner than you might think...

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