Yergin Sees Oil Price Near Bottom as U.S. Output Set to Fall

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  • Crude may trade around $70 to $80 a barrel by end of decade
  • Private equity money waits on sidelines for oil and gas deals

Oil Market Enters Peak Season: Here's What to Watch

Oil is near a bottom and global supplies look poised to close their gap with demand as investments in new production decline and consumption grows, according to Pulitzer Prize-winning author Daniel Yergin.

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