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Re: cleverrox post# 16796

Tuesday, 01/06/2015 11:20:55 PM

Tuesday, January 06, 2015 11:20:55 PM

Post# of 17751
cleverrox: If overproduction is only 1.3 percent, U might begin to wonder whether a slowdown in demand also is affecting the price.

I remember when oil dropped to $10 a barrel? In the 1980's?
IMO, after oil bottoms, it could turn on a dime, unless worldwide demand is slowing down.

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