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BOA Merrill lowers 2016 average forecast for Brent crude oil to $46 per barrel

ByMike Paterson

Jan 11, 2016

Reuters reporting latest BOA forecasts
– vs $50 prev
– WTI ave forecast down to $45 pb vs $48

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  3. US EIA crude oil inventories -2674K vs -1750K exp
  4. Taiwan April Monitoring Indicators Index Likely in ‘yellow-Blue’ Zone

By Mike Paterson

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