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Daily Archives: Sep 21, 2016

Oil’s new mantra: ‘A lot lower for a lot longer’

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The first mantra from the oil crisis was “lower for longer.” Then “lower for even longer.” Now in Davos, oil executives are beginning to speak – in other words, whisper – in regards to a new nightmare scenario: “A great deal lower for a lot longer.” Oil executives, policy makers and banks said within the first times of the World ...

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