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Favourable short-term fundamentals on oil?

Published Mon, Nov 20, 2017 · 09:50 PM

    Singapore

    MARKETS have been swept off their feet in recent months by a wave of strong demand for crude oil.

    Since end-October, prices for Brent crude have smashed through the US$60 a barrel ceiling that has been there since mid-2015. They have fallen from over-bought levels since, but still lingered above US$60.

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