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Oil prices are heading to $40 a barrel as US output keeps surging in 2018: Seaport Global - CNBC
CNBC | Oil prices are heading to $40 a barrel as US output keeps surging in 2018: Seaport Global CNBC Mike Kelly predicts an oversupplied oil market in 2018 causing oil to stabilize at $40 per barrel in the second half of the year. Investors won't change their aggressiveness until numbers drop below $40, he said. Company debt levels could be a threat ... |
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