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Friday, 4 August 2017

Oil bulls aren’t out of the woods yet

Oil bulls aren’t out of the woods yet
04 August 2017, London — Oil investors seem to buy the idea that recovery is finally underway after three years of gluts, but a price boom seems unlikely as the options market shows that at least until OPEC’s supply deal expires, producers will pounce on any rallies. The oil price LCOc1 has gained about 20 […] More »

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