Oil close to a bottom: No sharp rebound
Wednesday, March 23, 2016
Posted by: Alisa Allen
In terms of a price ceiling, our base-case scenario is for oil staying below USD60-65/bbl over the medium term – any higher and marginal shale players become commercially viable once again, driving prices back down.
https://thehimalayantimes.com/opinion/oil-close-bottom-no-sharp-rebound/
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