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These oil drillers may benefit most as crude markets rebalance

June 16, 2016

Via: CNBC

Some analysts are taking a brighter view of some U.S. drillers as consensus grows around the idea that supply and demand in oil markets will balance out sooner than expected.

Crude prices have recovered about 85 percent to roughly $50 a barrel since their winter lows, most recently on supply disruptions amidmilitant attacks on oil infrastructure in Nigeria, wildfires in Canada andeconomic crisis in Venezuela.

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