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Friday 29 July 2016

Goldman says oil’s rebalancing remains fragile amid macro headwinds

Goldman says oil’s rebalancing remains fragile amid macro headwinds
29 July 2016, Bengalaru — Oil’s recovering fundamentals remain fragile, with many global factors offsetting each other, leaving a firmer U.S. dollar as the main driver of lower prices recently, Goldman Sachs said in a note this week. The Wall Street bank, which turned bullish on oil earlier this year, said oil prices will remain […] More »

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