{"id":1633,"date":"2018-06-22T15:42:12","date_gmt":"2018-06-22T22:42:12","guid":{"rendered":"https:\/\/tradersnation.com\/?p=1633"},"modified":"2018-06-22T15:46:52","modified_gmt":"2018-06-22T22:46:52","slug":"opec-has-agreed-to-hike-oil-output-but-why-does-the-price-per-barrel-of-oil-continue-to-rise","status":"publish","type":"post","link":"https:\/\/tradersnation.com\/index.php\/2018\/06\/22\/opec-has-agreed-to-hike-oil-output-but-why-does-the-price-per-barrel-of-oil-continue-to-rise\/","title":{"rendered":"OPEC has agreed to hike oil output, but, why does the price per barrel of oil continue to rise?"},"content":{"rendered":"<p>Raghee Horner, futures and trading expert at <strong><a href=\"https:\/\/www.simplertrading.com\/aw-directional?gclid=Cj0KCQjwvLLZBRDrARIsADU6ojCQA0ZYtqRvtgkPh_JV_W1frnj3_Oiq76yIaI9XkRNqGFRoLnRMH7gaArFFEALw_wcB\" target=\"_blank\" rel=\"noopener\"><em>Simpler Trading<\/em><\/a><\/strong>, discusses with Kurt Schemers on Traders Nation\u00ae how OPEC has agreed to hike oil output, but, the price per barrel of oil continues to rise. And, since the United States started producing greater numbers of output, will this help lessen mounting pressure of worldwide market demand?<\/p>\n<p>Additionally, is getting oil from the ground-to-market more difficult? The process seems to be stretching the infrastructure, like trucking and railroads. However, as Raghee points out, these sectors should be looked at more closely by investors since they\u2019re in the middle of strong demand and an economic windfall.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raghee Horner, futures and trading expert at Simpler Trading, discusses with Kurt Schemers on Traders Nation\u00ae how OPEC has agreed to hike oil output, but, the price per barrel of oil continues to rise. And, since the United States started producing greater numbers of output, will this help lessen mounting pressure of worldwide market demand? [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[101,2],"tags":[146,145,148],"class_list":["post-1633","post","type-post","status-publish","format-video","has-post-thumbnail","category-energy","category-featured","tag-crude","tag-oil","tag-opec","post_format-post-format-video"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Raghee Horner, futures and trading expert at Simpler Trading, discusses with Kurt Schemers on Traders Nation\u00ae how OPEC has agreed to hike oil output, but, the price per barrel of oil continues to rise. 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