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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, raising the possibility that the oil rally is running out of steam. by Nick Cunningham of Oilprice.com. All it will take is a bit of bearish news to spark a downturn in prices.