“As we see it, it is not the events that are putting pressure on prices, but above all the shift in sentiment, the previous optimism appearing to have virtually evaporated,” Commerzbank said.“The market is probably hoping OPEC will do more, but not expecting? it—otherwise oil prices wouldn’t be falling,” said Danske Bank’s Jens Pedersen.“There’s a sea of negativity,” said ETF Securities’ Maxwell Gold. “This is much more a story of sentiment weighing on the......
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