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Oil Markets Are Balancing Faster Than IEA Would Have Us Believe - OilPrice.com
OilPrice.com | Oil Markets Are Balancing Faster Than IEA Would Have Us Believe OilPrice.com Fundamentals point toward market balance but pessimism is dragging oil prices down. IEA has apparently succumbed to this negativity but their data suggests that things are getting better, not worse. In a business-as-usual world in which nothing unusual ... Oil rebounds from 12-year low as equities rally, shorts cover Crude oil could rally 35% from here: Soc Gen Oil prices fall near 2003 lows on oversupply, demand worries |
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