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Big turnaround for oil?

Christoph KoberMarch 29, 2016

Crude prices have edged higher on Monday, continuing their upwards trend that had set in at the beginning of the year. Is this the big turnaround for oil? After all crude prices have dropped to a 12 year low recently. And with prices like these, production for some simply isn't profitable any more.

https://p.dw.com/p/1IL9g