Higher Demand Amid Lower Supply Could Push Oil Prices Higher

Oil traders could be seeing another bullish run ahead as higher demand could outstrip supply, pushing prices for the commodity higher once again, according to global investment firm JPMorgan. “Oil prices are still headed to $150 a barrel as supply growth continues to lag, according to JPMorgan energy strategist Christyan Malek,” a Markets Insider report [...] The post Higher Demand Amid Lower Supply Could Push Oil Prices Higher appeared first on ETF Trends .