What’s the outlook for oil prices?

Dear Friends, While oil prices have crept up after reaching a 13-year low in early 2016, the U.S. Department of Energy is still forecasting that crude oil will remain in the $50- to $60-per-barrel range this year, barring any unforeseen events (especially in the volatile Middle East). Because heating oil, like gasoline and diesel fuel, is a “finished” product derived …