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Crude Oil Probes Lower But A Return To The Sweet Spot Could Be In The Cards

March 16, 2017

Crude oil fell below the bottom end of its trading range and reached a low of $47.09 per barrel on March 14 on the April NYMEX futures contract. In my latest work for Seeking Alpha, I explain why oil could find some significant support in coming weeks and months that may bring the price back above $50 per barrel which is a sweet spot for producers and consumers alike.

Article: Crude Oil Probes Lower But A Return To The Sweet Spot Could Be In The Cards

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