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Wednesday, February 26, 2020

$50 Crude Oil Not Likely To Hold


INO.com Trader's Blog https://ift.tt/2VqG5P8

Citi is the latest to revise its estimates of the demand destruction from COVID-19. It said that it now believes inventories of crude oil could grow to 2 million barrels per day in February alone, which would put “even more sustained pressure on prices.” A week ago, the firm’s thought the potential build would be […]

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