Not sure where oil prices are going over the long term? The answer is every 'mistake', every 'error', every 'slip' affects oil prices adversely. from bad weather, to hawkish announcements of war, to the dollars interminable slide.
Oil prices rebound after Iran test-fires missiles in response to Israeli military exercises
VIENNA, Austria (AP) -- Oil prices rebounded from consecutive days of steep declines after Iran test-fired nine missiles Wednesday, including Shahab-3 missiles capable of reaching Israel. Expectations that a U.S. crude supply report later in the day will show stocks at continued lows also supported prices.
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