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Published on 12 Dec 2016
Oil prices could rally to $80/barrel over the next few years, says Clem Chambers, Founder of ADVFN.
Chambers
view may come as a surprise for many given most pundits see equilibrium
in the range of $50-$60. However, Chambers believes oil below $80 is
undervalued, while above $80 is overvalued.
The world is heading towards economic wars… Don’t believe us? Watch the full segment.
Key points
The dollar pull back won’t be surprising
The euro has room for further sell-off
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