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IEA Warns of Significant Oversupply in the Oil Market Next Year – Commerzbank
Macquarie: The global oil market is expected to face "severe oversupply" by 2025.
According to the McKinsey supply and demand equilibrium forecast, the oil market will face a serious supply surplus in the next five quarters, triggering a situation similar to a 'price war', and oil prices may fall to around $50 per barrel.
RBC Capital Maintains Suncor Energy(SU.US) With Buy Rating, Maintains Target Price $49.36
Oil on Track for Weekly Gains After Global Benchmark's Dip Below $70 a Barrel
Gas Prices in Canada Drop to Lowest National Average Since February
RBC Capital Issues a Buy Rating on Suncor Energy (SU)
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