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Oil Seen Heading to $20 by Morgan Stanley on Dollar Strength - Bloomberg
Bloomberg | Oil Seen Heading to $20 by Morgan Stanley on Dollar Strength Bloomberg A rapid appreciation of the U.S. dollar may send Brent oil to as low as $20 a barrel, according to Morgan Stanley. Oil is particularly leveraged to the dollar and may fall between 10 to 25 percent if the currency gains 5 percent, Morgan Stanley ... Morgan Stanley sees US$20 a barrel oil on us dollar appreciation |
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