Pre-retirees have yet to cross the finish line. Fear of the unknown can guide their strategy, say analysts. Consider acquiring mineral interests with targeted yields of 25% and greater.
The Saudi's and other producers have discussed a possible production increase of about 500,000 barrels per day (bpd) among the OPEC and non-OPEC allies, say sources in Saudi Arabia. WTI Crude is$72.23; Brent is $81.73 this morning.
Social Security alone isn’t suitable for building a solid retirement base, even if you still have time before you retire, say planners. To help create a more comfortable retirement, consider Mineral Rights as an investment. WTI Crude is $71.72; Brent is $81.52, as of 12:47pm CST.
US sanctions on Iran oil exports will begin on Nov. 4. Analysts say with Iran's sizeable drop in export volumes, and OPEC's reluctance to raise output, it will be difficult to fill the supply gap. WTI Crude is $72.50; Brent is $82.01 this morning.
Almost 2 million barrels per day (bpd) of crude could be taken out of the market as a result of sanctions against Iran by the end of 2018, say some traders, making a crude price spike to $100 a barrel possible. WTI Crude is $71.98; Brent is $80.72 this morning.
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