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Why oil is heading to $55

MongiIG

By MongiIG,
in Commodities

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MongiIG Honoured Contributor

MongiIG

Posted
Posted

With the current outperformance of oil against an alignment of all other markets, Dhaval Joshi, chief strategist at BCA Research, tells IGTV’s Jeremy Naylor that oil will drop.

Joshi highlights the impact of a recession and the fact that oil has never NOT fallen when recession hits the main western economies.

 

 

 

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