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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 […]
The post $50 Crude Oil Not Likely To Hold appeared first on INO.com Trader's Blog.
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