Oil

Oil Prices Skyrocketing: Gasoline is Likely Next

By , Managing Editor, Money Morning - • Print | Email

By Jason Simpkins Violence in Nigeria and concerns that U.S. refiners are struggling to produce enough gasoline helped crude oil prices rise again last week, moving the price of this key commodity closer to its all-time high of $78.65. And now some analysts are predicting that $80 a barrel crude oil is well within reach. […]

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