Where are crude oil prices headed? Investors confused as analyst targets vary from $65 to $380 a barrel! - Economic Times

“For oil, the historical evidence suggests that oil demand goes negative only in the worst global recessions. But oil prices fall in all recessions to roughly the marginal cost,” Citi analysts said in a note.

NEW DELHI: It is not common for analysts to agree on a price target for a commodity or a stock, but this time around, the targets for crude oil vary in between the wide range of $65 a barrel and $380… [+2470 chars]

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