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Kissler: Traders’ Global Oil Plan? ‘Wait and See’
Summary by Hart Energy
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The price of oil continues its downward trend and, according to the firm's most recent analysis of Technical Studies, Inc. (ETI), this could have positive effects on the local economy and consumers, at least in the short term. This is pointed out in the fifth edition of Al Punto, periodic publication of the firm, noting that the average price of WTI crude (West Texas Intermediate)—reference for Puerto Rico—brought from $80.48 per barrel in July …
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