Thursday, October 15, 2015

Oil prices will rebound much faster than market is predicting, Barclays says - MarketWatch

Oil prices will rebound much faster than market is predicting, Barclays says - MarketWatch: "“Under any reasonable demand scenario (ranging from 0.9 million barrels a day to 1.4 million barrels a day of annual average demand growth from 2016-2020), prices need to move higher than what the oil-futures market is currently pricing in, or there will not be enough supply,” the analysts led by Michael Cohen, said in the report."



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