
Oil prices have been blistering hot over the past year,
rising more than 50% to top $80 a barrel at one point. No one factor fueled
that rally. Instead, a series of supply disruptions hit at a time when OPEC
agreed to curb its output, which combined to drive crude prices higher since
demand was also red
hot. Likewise, it’s unlikely that one factor alone would push oil back into
the triple digits. However, with several potential issues looming under the
surface, crude has many possible paths that could come together and take it
back above $100 a barrel by 2020.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.