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The Daily Dose: W-shaped rebound

May 19, 2020

-Expect a W-shaped recovery in oil markets -The quarantine economy pushed US production back two years Market forces are curbing US shale output, supporting a rally in crude oil prices that’s extended for most of the month. OPEC+ restraint remains firm, though new production curtailments are not even a month old. Demand, meanwhile, is starting … More The Daily Dose: W-shaped rebound

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