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Don't Expect Oil Prices to Break $50 Until Q2

posted by Avatar jasumine 1572 days ago in Oil

The “stability for now, upside later” argument for crude oil prices appears to be holding true for both WTI and Brent pricing, which has done little to set any directional bias so far in 2009. But one thing FirstEnergy Capital analyst Martin King says he can be sure of, is that his call for the price bottom in mid-December remains correct.
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