Citi (C) : Oil to Hit $20, End of OPEC May Be Near

The plunge in oil prices, which has been accelerated largely by excess supply caused by America’s shale oil revolution, may not be over just yet. In a note Monday, Ed Morse, global head of commodity research at Citigroup (C) and one of the more influential analysts in the energy space, wrote that oil prices may […] View the full post at: Citi (C) : Oil to Hit $20, End of OPEC May Be Near Related posts: US April Trade Deficit Up Almost 8% Wall Street Posts Marginal Gains As Oil Drops Goldman Trims March US Payrolls Forecast to 200,000
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