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by just_human
281 days ago
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This is somewhat of a clickbait headline. It always bothers me when market analysts are quoted with such definitive statements like "oil will next year fall to between $53 and $56 per barrel." There are so many dynamics to commodity markets - not just supply and demand, but also how market participants will react to an imbalance (for example, will shale producers cut production if oil prices fall). |
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