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Oil near bottom

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04-02-2016, 04:20 AM

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Oil near bottom

An honorable member of the Coffee Shop Has Just Posted the Following:

Schroders is positive about oil and gold, but cautious on industrial metals due to concerns about consumption of those raw materials in China. Oil at $27 a barrel isn’t sustainable when producers are losing money, the fund manager said.

http://www.bloomberg.com/news/articl...il-near-bottom

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