KM Financial Solutions | RPT-COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp
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RPT-COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp

RPT-COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp

The weakening outlook for oil
consumption coupled with rising output from U.S. shale and
softer than expected U.S. sanctions on Iran have convinced most
traders the market is moving into a period of oversupply.

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