Find one current article about the price of crude oil and post it in the discussion. Discuss the likely price movements of oil over the next few weeks. What are the analyst's main concerns? Please provide a link to any sources that you use. Please see my summary on the prediction of crude oil prices based on extreme weather and geopolitics by MarketWatch and information from the U.5 Energy Information Administration (EIA). According to the EIA in November 2019 Brent crude oil spots prices averaged $63 per barrel up $3 from October and in December 2019 the price had increased to $69.26 per barrel, based on the increase the ElA forecasts the price of crude oil will rise during the year 2020(Eia.gov, 2020). The cause of this increase can be stemmed from extreme weather events that may have as much impact on world oil supply, demand and prices as geopolitical risks in 2020, according to S&P Global Platts annual outlook. In 2019 flooding disrupted crop planting and harvesting in the U.5. affecting economic activity and ethanol pricing, while a late monsoon in India affected demand. Hurricanes and typhoons are increasingly likely to disrupt economic growth also. Crude oil prices may rise above $60 a barrel in 2020, but overall energy prices including petroleum products and natural gas will likely stagnate (Mckeef, 2019) 5&P Global Platts forecasts point to global oil demand growth accelerating to 1.26 million barrels per day in 2020, up from 0.95 million barrels per day growth in 2019, with growth expected in all regions except Western Europe and Japan. About 20% of that projected growth in oil demand is associated with the IMO bunker-fuel specification change, which will push high-sulfur fuel oil, no longer allowed for use in maritime shipping, into power generation, requiring more middle distillates and low-sulfur fuel oil to satisfy demand in the shipping sector (Mckeef, 2019). Overall the concern lies in not knowing what will overall be the deciding factor of crude oil price increases, it could be geopolitical risks or weather-related incidents. Oil prices are likely to turn in the strongest pricing performance in 2020. I am very interested to see what the final price will be in December 2020