| The oil market has reversed its fragile gains over the past two weeks to fall back below the $50 a barrel mark, as Goldman Sachs warned that the price is unlikely to return to its 2016 highs “for months”.
The oil price reached $52.60 a barrel last week, its highest point since October, before market confidence plummeted ahead of the UK’s EU referendum vote and rising US oil stocks forced a 7pc retreat to below $49 a barrel on Wednesday...............................................Full Article: Source
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