Oil Prices – The Slippery Path

The Slippery Path of Oil Prices in 2015

Oil prices have taken a wild ride 2015, slumping down to $48.73 in March, but then stabilizing and rising during the Northern spring as rig counts began to drop.  It has become clear that the U.S. is now the swing producer creating a range between $49 and $65, where shale producers are happy to enter the market at the high end, but contract their production at the low end of the range.

oil prices

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With over a decade of trading expertise and 100,000 fulfilled clients in 160 countries worldwide, easyMarkets will tick all your boxes whether you are a new or experienced trader, affiliate or introducing broker. Trade currencies, commodities, metals, vanilla options and indices from one place without the jargon, complicated offers and confusing terms! Welcome to the exciting world of trading. Welcome to easyMarkets.

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