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Jakobsen: Why oil at $20 may not be such a bad thing
Steen Jakobsen believes that oil prices will gradually move higher towards $40-50 on average for the year. But before then WTI may drop to $20 and that may not be the worst thing to happen, he says. Jakobsen also explains why the low oil prices are having such a negative impact on risk sentiment in the market.
02:24 minutes
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