Oil Prices Slip After Rally


Master Trader
Dec 13, 2008
Oil prices rallied last week, only to a see a slip on Monday. Prices fell near the $61 per barrel mark, the drop comes a few days before an OPEC meeting scheduled for May 28th.

As demand steadily rises experts predict that prices could reach $75 per barrel by the middle of July, higher than in months but a far cry from the prices seen at the same period in 2008.