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Two Crude Oil Prices Cannot Hold Forever In Marketplace
New York AP economists say the two-tier price rise from the OPEC meeting likely cannot persist. They warn the 11 nations may roll back to a 5 percent Saudi UAE increase or Saudi demand could push prices higher. Retail gasoline and heating oil costs are projected to rise 0.8 to 1.5 cents per gallon, with impacts felt by end of January and into summer.
MENTIONED IN THIS ARTICLE
New York
U.S
Saudi Arabia
United Arab Emirates
Organization of Petroleum
Iran
Jack Wilkinson
Sun Co., Inc
Saudi Arabian
United