Why Oil is About to Level Off – and Where it’s Going Next

Oil fell below $43 per barrel today, hitting a three-month low. CNBC wanted to know why and where crude was going next, so they invited Dr. Kent Moors to Power Lunch.

In this video, Kent explains why oil is falling , where it’s headed, and why you don’t have to worry about the “new” wells being drilled in the U.S.
To watch, click here.

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