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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (72999)	12/24/2019 11:58:10 AM
From: Goose94	Read Replies (1) of 202707

Crude Oil: Me Too!! A Wall Street Journal survey of 13 major investment banks finds that analysts see oil prices falling next year as the OPEC+ deal fails to rally prices. The average Brent forecast is $61.23 per barrel in the first quarter of 2020, barely up from last month’s forecast despite the deeper production cuts. In the short run, investors are bullish – net-bullish wagers on oil futures rose to their highest level in seven months last week.

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