12-02-2016 14:15 via articlefeeds.nasdaq.com

Growing Confidence That Oil Will Rebound

By Rakesh Upadhyay With the world’s largest energy trader predicting $45-$50 oil by year’s end, Goldman Sachs and UBS jumping on the bandwagon, and CitiGroup calling oil “the trade of the year,” many believe that now is finally the time for traders to start nibbling into oil on any new fall.So far, all calls for
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