Why the Crude Oil Price Today Is Down 2.1%

The crude oil price today (Friday) dropped below $60 in morning trading. The tumble erased most of Thursday’s gains and put oil prices on track for a weekly loss. But today’s movement is just short-term volatility. Here’s the biggest reason why prices will be in the $70 range by year’s end… Tags: crude oil price , crude oil price today , crude oil prices today , oil price , oil price today , Oil Prices , Oil prices today , WTI oil , WTI oil prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Crude Oil Price Today Is Down 2.1% appeared first on Money Morning - We Make Investing Profitable .