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Where Are Oil and Gasoline Prices Heading?

Barron's Live

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Introduction

Denton Sinkarana is Chief Oil Analyst at Opus, a Dow Jones company. His guest today is Tom Clozer, Global Head of Energy Analysis at Opus. We're probably about $11 a barrel on crude oil benchmarks, above where we were December 12th or 11th. The surges that are anticipated in global demand average somewhere between 500,000 barrels a day to 1.5 million barrels a day.

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