Oil Trading in Sweet Spot Adds to Improving Economic Signals

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Oil prices have settled in a range that analysts say benefits both energy producers and consumers, bolstering hopes that the global economy can rebound

U.S. crude has generally stayed between $50 and $60 a barrel in the past six months and is on pace for its best year since 2016 following a sharp selloff late in 2018. Brent, the global gauge of prices, has also been steady and traded between $55 and $65.

 

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The result is good enough and reasonable.

Awesome, I'm sure burning more oil is exactly what our dying planet needs.

Go ahead and see if you can still find a pulse.

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