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Here is an interview with a US oil 'expert' who says the press about a collapse in oil demand isn't backed up by facts. He predicts the OPEC cut in production will actually take place (history has show little follow through with past announced reductions) which could create big problems as the US inventory of oil is "on the low end" from a historical standpoint.
Could we see a quick run-up in oil prices mirroring the recent rapid decline?
Video - "No way" oil demand has plunged - Fortune
Could we see a quick run-up in oil prices mirroring the recent rapid decline?
Video - "No way" oil demand has plunged - Fortune