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Why Oil Is Still Holding Near $100 a Barrel and What Could Happen to Prices Next — Bloomberg

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Why Oil Is Still Holding Near $100 a Barrel and What Could Happen to Prices Next — Bloomberg

Why Oil Is Still Holding Near $100 a Barrel and What Could Happen to Prices Next — BloombergOil supplies have nearly recovered, but prices are not falling due to the risks of escalation, low inventories, and expensivetransportation. A decline is possible after the situation in the region stabilizes.

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