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Careedge Ratings News - Latest Updates & Headlines

Global oil prices likely to stay in $75 to $80 per barrel range over next 6 months: CareEdge

New Delhi, Feb 6: Crude oil prices are expected to remain range bound at an average of $75-$80 a barrel over the next 6 months, essentially on the back of higher overall global crude oil production aided by increase in crude oil production by the US while demand growth is expected to remain relatively subdued in the backdrop of a slowdown in major global economies, according to a CareEdge Ratings report released on Thursday.