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Commodities Briefing - Categorized | Oil, Price Watch more

Brent crude oil to trade in $90-125 range in 2013-14: Saxo Bank

Posted on 17 December 2012

While global oil prices continue to be exposed to sudden sharp moves, primarily to the upside, caused by supply disruptions, the recent changes especially in new production methods should leave the market in better and less volatile place than in previous years.
Brent Crude Oil has traded in the $90-125 range in the past couple of years and will continue to do so in 2013 and 2014, according to Ole S Hansen, Head of Commodity Strategy at Saxo Bank……………………………………..Full Article: Source


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