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Friday, 8 May 2015

Oil’s Rebound is Here

As Brent crude oil reached more than $68 per barrel Wednesday, a high for 2015, analysts started to backtrack on earlier predictions of $40-$50 oil. The rebound, however, may not last: Speculators appear to have disrupted Saudi Arabia’s strategic game against U.S. shale oil producers. Predicting oil prices is a risky endeavor. They […]

Bloomberg via CHINA US Focus http://ift.tt/1H4iHaF

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