2019 is not the year for oil

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by Chris Becker

2019 is not likely to be a stellar year for oil prices, despite the 20% rally since Christmas last year as production ramps up despite “co-ordinated” cuts by OPEC, more shale oil comes online in the US and demand fades as global growth slows.

First, on the Saudi’s penchant for saying one thing and meaning another, here’s Reuters:

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