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Bear market in oil may last another decade, with US crude stuck between $30 and $60 a barrel, Wells Fargo says - CNBC

CNBC

Bear market in oil may last another decade, with US crude stuck between $30 and $60 a barrel, Wells Fargo says
CNBC
The current bear market for oil could last another five to 10 years, Wells Fargo says. Commodity bear supercycles typically last 20 years, but have been shortening over the last century. Oil prices should remain between $30 to $60 a barrel, according ...

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