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Markets

Brent Strong As Global Economy Recovers

According to CNBC , most analysts believe the market is nearing the top, and since the general sentiment is that the worst is over for the global economy, Brent isn't expected to rise much higher.

U.S. inventories have been on the rise recently, suggesting that the world's number one oil consumer is nearing oversupply.

The eurozone's economy has played a major role in reassuring investors that global demand will pick up. The region has effectively turned a corner in its economic crisis and has begun to rebuild.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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