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House View Weekly: Brent prospect mixed but opportunities lie ahead

Crude oil climbed above US$50 last week for the first time in a month after spiralling downwards from US$114 per barrel in June last year. Markets were mixed with regards to the longer term outlook and its subsequent implication to other correlated asset classes. What say the private banks? Credit Suisse  Brent oil 3-month forecast: $US45; 12-month forecast: $65. Negative…

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