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$190 Oil Sounds Crazy. But JPMorgan Thinks It’s Possible Even After The Pandemic

In a little-noticed report, Jpmorgan Chase warned in early March that the oil market could be on the cusp of a “supercycle” that sends Brent crude skyrocketing as high as $190 a barrel in 2025. Weeks later, the coronavirus pandemic set off an epic collapse in oil prices as demand imploded. And yet the bank is doubling […]



This post first appeared on Stock Market News Today, please read the originial post: here

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$190 Oil Sounds Crazy. But JPMorgan Thinks It’s Possible Even After The Pandemic

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