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Friday, December 6, 2024

What’s Next For Oil $50 Or $100? Most Likely $50.

Economic weakness caused by global reserve banks’ tightening and high winter heating bills will bring oil to $50 per barrel. But it won’t stay there for long. With the price of crude oil currently hovering around $75 to $80 per barrel, many pundits believe $100 oil is right around the corner. …

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