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(Oil inventory) is tight and the U.S. will probably tighten sanctions on Venezuela which will make the Venezuela situation worse and which means we can expect continued falling Venezuelan production, combined with expectations for falling Iranian production as the U.S. pressures allies to reduce their imports, this will push crude oil prices up to $80 a barrel and we think it can go higher.

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Reuters 1 year ago

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"Tony Nunan Quotes." Quotes.net. STANDS4 LLC, 2020. Web. 6 Apr. 2020. <https://www.quotes.net/citizen-quote/256780>.

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