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Friday 29 April 2016

Analysts grow more bullish on oil, OPEC poses no threat to rebalancing

Analysts grow more bullish on oil, OPEC poses no threat to rebalancing
29 April 2016, Singapore — Analysts are growing increasingly confident that a near-two-year rout in oil has ended, and raised their price forecasts for a second month running, as healthier demand and a drop in U.S. shale output balance the market by 2017. The inability of OPEC and non-OPEC producers to agree to limit oil […] More »

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