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From glut to scarcity: crude price outlook brightens rapidly Add to ...

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A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading this morning on the Web

The oil price has stabilized near the $49 level and saved-up bullish forecasts are popping up everywhere. The central investment thesis is that industry investment in new discoveries and development collapsed in 2015 and 2016 and this paves the way for an eventual supply shortage that will see crude prices soar once again,

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Follow on Twitter: @SBarlow_ROB

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