Analysis: New oil bull market in sight as Brazil, Iraq cut output targets

[ahlam1399]

Analysis: New oil bull market in sight as Brazil, Iraq cut output targets

Analysis: New oil bull market in sight as Brazil, Iraq cut output targets
LONDON (Reuters) - Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from the current feast to famine within just a few years, leading to a price spike that would give a new boost to the U.S. shale industry.

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