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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (31435)	6/27/2017 2:47:11 PM
From: Goose94	Read Replies (1) of 203566

Crude Oil demand growth looks shaky. While everyone is watching the oil supply story – with news of resurgent production from Libya, Nigeria and U.S. shale – Bank of America cautions investors not to lose sight of the demand side of the equation. "We now doubt that demand growth will accelerate sufficiently," Bank of America analysts said in a recent note. In the first half of 2017, demand grew at half of the rate that it did in 2015 and 2016, the analysts say. On top of that, economic activity is "moving sideways or already turning south" in the U.S., China, and the rest of Asia.

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