Oil Watchers See $70 a Barrel in 2019 as Recession Fears Fade
A worker pours extracted crude oil into a buried drum for heating during a distillation process in the village of Wonocolo, East Java, Indonesia. (Photographer: Dimas Ardian/Bloomberg)

Oil Watchers See $70 a Barrel in 2019 as Recession Fears Fade

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(Bloomberg) -- The world’s biggest banks are reckoning on a rebound in oil prices next year as fears of a recession prove misplaced.
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