The New Outlook for Oil: Prepare for a Bumpy Ride in 2017

The New Outlook for Oil: Prepare for a Bumpy Ride in 2017
AP Photo/Felix Marquez

After two and a half years of opening up the taps (or rather: not closing them) OPEC has changed course in what is looking to be a gamechanger for the oil market. Market sentiment has shifted and the oil price has gone up.

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