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Barclays cuts 2020 crude forecasts by $12 on virus, OPEC+ deal collapse
Barclays on Tuesday slashed its oil price forecasts for 2020, citing considerable downward pressure on the market from a Saudi-Russian price war and demand disruption because of the coronavirus. The bank lowered its 2020 price outlook for Brent and West Texas Intermediate by $12 each to $31 and $28 per…
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