Expert: Crude oil prices may hit $85 a barrel this summer

CNBC reports that energy analyst Dan Yergin is saying crude oil prices may continue to rally past three-and-a-half year highs and could hit $85 a barrel as soon as July 2018. The news network notes that oil prices have been steadily rising since 2017, and crude futures “rose faster than expected recently as geopolitical tensions rattle the market.” Brent crude, the international benchmark for oil prices, recently rose toward $80 a barrel after hitting its highest level since November 2014. For more, read the full story.

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