Macquarie analysts believe $US60 per barrel is likely to be the new price floor and could be a stabilization price for oil.Barclays has supported this new floor, raising its forecast for the average Brent price in the fourth quarter of 2017 by $US6 to $US60 a barrel.JP Morgan said that continued stock draws and tighter market conditions are sufficient to support spot prices at close to $60/bbl and Brent markets in backwardation on average......
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