Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Oil Targets $100, Weighing on U.S. Presidential Election

TheMotleyFool

0 0

Oil Targets $100, Weighing on U.S. Presidential Election: https://g.foolcdn.com/editorial/images/747568/featured-daily-upside-image.png

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

It may sound cynical, but it is somewhat refreshing to see U.S. crude oil prices targeting $100 a barrel due to...genuine fundamentals.

For the uninitiated, in market-speak "fundamentals" are the data that determine the stability of an asset and its value, such as macroeconomic or geopolitical factors, issues of supply and demand – in other words, bona fide, widely accepted drivers of prices.

Source Fool.com

Like: 0

27e5c25a-b1c0-420f-acf0-9d88d67ee07d

Share