current price of oil per barrel

Price of Oil per Barrel Could Close at Highest Level Since December

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - April 30, 2015

The price of oil per barrel continues to rally toward $60 today (Thursday).

The month-long tear inspires bullish hope that oil prices will keep punching through the ceiling to new yearly highs.

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - February 13, 2015

The current price of oil per barrel rallied hard today (Friday) at the end of an extremely volatile week.

Oil prices have been U-shaped this week, hitting highs of $54 midday Monday and lows of $48 midday Wednesday before soaring back up today.

But analysts keep calling for lower prices.