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Oil price drop sparked by glut concerns triggers herd mentality of selling

However, most energy analysts expect prices to bounce back and to continue to climb over the next few years

Published Sun, Mar 12, 2017 · 09:50 PM
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Houston

OFTEN turbulent, the oil market had become almost boring in the past few months, with prices moving little and hovering around US$51 to US$56 a barrel.

No one is yawning anymore.

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