The U.S. Federal Reserve's announcement that it's delivering another round of quantitative easing, or QE3, has triggered a staggering commodities rally.
While analysts raise price targets for gold and silver, will the same happen with oil prices?
Money Morning's Dr. Kent Moors joined Bloomberg today (Wednesday) to talk about the short-term and long-term price projections for oil, and how QE3 fits in to those targets.
Watch Moors' interview for a look at the biggest factors affecting the oil market and how you as an investor and consumer can prepare for what's ahead.
The U.S. Federal Reserve's announcement that it's delivering another round of quantitative easing, or QE3, has triggered a staggering commodities rally.
While analysts raise price targets for gold and silver, will the same happen with oil prices?
Money Morning's Dr. Kent Moors joined Bloomberg today (Wednesday) to talk about the short-term and long-term price projections for oil, and how QE3 fits in to those targets.
Watch Moors' interview for a look at the biggest factors affecting the oil market and how you as an investor and consumer can prepare for what's ahead.