Post Tagged with: "commodities report"

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World Bank Raises its 2016 Oil Price Forecast to $41

Sees Global Glut Shrinking in 2016

Looking toward a receding global oil oversupply, the World Bank has raised its 2016 price target for oil to $41, up from $37.

TANK CARS OIL BY RAIL_0025_Layer 28In its latest Commodity Markets Outlook report, the organization cites the …