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Oil Near 'Sweet Spot' Puts 70-Year-Old U.S. Index Back in Focus - Bloomberg
Bloomberg | Oil Near 'Sweet Spot' Puts 70-Year-Old U.S. Index Back in Focus Bloomberg Oil has surged from a 12-year low earlier this year, putting it within range of a “sweet spot” for shale output that Citigroup Inc. sees between $50 to $70 a barrel. Prices have gained amid disruptions to global supply and a slide in U.S. production ... |
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