Here's Why Oil Prices Have Tanked Four Times in Three Decades
It's all about too much supply.
Here's Why This Is Only the Fourth Time Oil Has Tanked
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Oil may have hit its top price.
Prices are in the middle of a rally, having inched up to about $38 a barrel from a 12-year low of $27.10 in January. Analysts are warning that this recovery might sputter out once prices climb high enough to convince U.S. shale producers to increase production—about $55 a barrel.