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$60-$70 oil is the 'pain threshold' for the US and OPEC, JPMorgan says

$60-$70 oil is the 'pain threshold' for the US and OPEC, JPMorgan says

An oil price of between $60 and $70 per barrel is both a "sweet spot" and "pain threshold" for rival oil producers in the U.S. and OPEC according to the head of EMEA Oil & Gas Research at JPMorgan.
Source: CNBC RSS

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