Tag: energy plays

Oil Price Frenzy: Big Opportunity Or Sucker’s Bet?

| December 6, 2016 | 0 Comments
Oil Price Frenzy: Big Opportunity Or Sucker’s Bet?

Wall Street is giddy over the latest oil price bounce, but you should be leery. The energy market has played Lucy-with-the-football before. Crude oil surged Wednesday after the Organization of Petroleum Exporting Countries (OPEC) reached an agreement to curtail production by 1.2 million barrels a day. OPEC currently produces 33.6 million barrels a day, a […]

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