Morgan Stanley Warns That Rising Rig Count Could Undo The Oil Rally

Green Car Congress
By mmillikinJul 9, 2016, 5:00 am418 pts
by Irina Slav for Oilprice.com In an industry where anything could happen, surprises—often unwelcome—are hard to come by. Oil is exactly such an industry at the moment. No one is sure where oil is heading, near-tem forecasts range from $20 to $80 per barrel by the end of the year, and there are just too…

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