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Oil’s Longest Rally in Two Years Fizzles With Dollar Climbing

2/12/2021

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Oil is set to eke out a weekly gain and some are optimistic on the longer-term outlook, including the IEA. Bank of America became the latest institution to add to a chorus of bullish voices, saying that demand could rise at its fastest pace since the 1970s over the next three years. WTI is $57.75; Brent is $60.71.
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Source: Bloomberg.com - By: Saket Sundria and Alex Longley - Image: Luke Sharrett
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  • Home
  • About
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    • Closed Offerings >
      • Redhawk Resources - Fund I, LP
      • Redhawk Resources - Fund II, LP
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      • Redhawk Minerals Fund I, LP
  • News
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