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Peak Oil Demand Growth, Come and Gone. Supply Still Gushing

Wednesday, November 2, 2016 9:39
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(Before It's News)

Oil (WTIC) fully retraced its September 28 to October 19 “OPEC freeze” hope rally this morning. Down nearly 12% from the latest October peak around $52/barrel, it broke below $46 in early trading. Trouble is OPEC’s output hit an estimated…

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