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stocksmarter

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stocksmarter

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Monday, 02/09/2015 1:43:53 PM

Monday, February 09, 2015 1:43:53 PM

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I expect as does Citi that oil will rebound in the second half of 2015 "Citi reduced its annual forecast for Brent crude for the second time in 2015. Prices in the $45-$55 range are unsustainable and will trigger "disinvestment from oil" and a fourth-quarter rebound to $75 a barrel, according to the report. Prices this year will likely average $54 a barrel."
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