The top may not be too far away for oil prices
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE top of the oil market may be closer than you think.
With Brent futures having bounced back as high as US$41 a barrel, the International Energy Agency sees "light at the end of the tunnel", and Goldman Sachs Group Inc is spotting "green shoots". Even so, many analysts warn that, like the failed rally last year, this recovery will sputter once prices go high enough to keep US crude flowing.
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