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    NewspapersOil & GasThe Economic Times

    Oil traders see prices hitting $50 level in 2020

    Binu Mathew
    By Binu MathewOctober 10, 2019

    LONDON: Global oil prices will weaken next year to around $50 per barrel due to slowing global oil demand, the heads of the world’s biggest trading houses Vitol, Trafigura and Gunvor told the annual Oil and Money conference in London on Wednesday.

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