US shale, forex and a price war could push oil back down to $50: BofA Merrill Lynch | Traderszone

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Published in TZ Latest News 22 February, 2017 by The TZ Newswire Staff

US shale, forex and a price war could push oil back down to $50: BofA Merrill Lynch

The investment bank lowered its price forecast for Brent crude through 2022 to an average of $50-$70.

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