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just_human | 5 months ago

This is somewhat of a clickbait headline. It always bothers me when market analysts are quoted with such definitive statements like "oil will next year fall to between $53 and $56 per barrel." There are so many dynamics to commodity markets - not just supply and demand, but also how market participants will react to an imbalance (for example, will shale producers cut production if oil prices fall).

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