“The market remains oversupplied and stock levels have risen above their five-year average, we are hopeful that the industry will see a more balanced oil market in 2016”
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Crude oil futures plunged sharply again to multi-month lows, with ICE Brent ending at $48.21/b and Nymex WTI at $42.89/b, according to Organization of the Petroleum Exporting Countries
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