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Oil Markets Are In For Wild Ride In 2019

January 7, 2019

Via: Forbes

If you thought global oil markets were a rollercoaster ride in 2018, better buckle up.

Last year was certainly chaotic with international benchmark Brent prices surging above $85 a barrel in October, only to plunge 40% in the final months of the year to close under $54. Huge swings in market sentiment took a big toll on prices as supply shortage fears quickly turned into concerns about oversupply.

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