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The era of US$20 oil is almost here as crude prices hit 12-year lows

Published Wed, Jan 13, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

THE world mostly ignored Ed Morse 11 months ago when the head of commodities research at Citigroup said oil could drop as low as US$20.

It's paying attention now that crude has tipped below US$30.

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