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Citi explains why there’s an ‘ultimate cap’ on oil prices

1 min read
There’s a limited upside in oil prices, amid a shift from fossil fuels to renewable energy as global oil supply exceeds demand, said David Bailin, CIO of Citi Private Bank.
There’s a limited upside in oil prices, amid a shift from fossil fuels to renewable energy as global oil supply exceeds demand, said David Bailin, CIO of Citi Private Bank.
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