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OPEC’s Oil Rally Seen Setting Stage for 2017 Price Retreat

  • More U.S. shale drilling, North Sea investment seen: MS
  • Targeting higher prices above $55 is ‘self-defeating’: Goldman
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Investors Weigh the Rise in the Price of Oil

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After jumping the most in nine months, oil is expected to climb further after OPEC beat the odds to agree on an output cut. Just don’t expect the rally to last.

QuickTake Oil Prices