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MARKETS

Bears' long-term gain

MACQUARIE Research is bullish believing the current rally will continue through 2017 but the next two years look bleak as a structural rebalance won't happen until OPEC ends its production cuts and demand soaks up the returning barrels.

Anthony Barich
Bears' long-term gain

Just when the consensus seemed to be returning that the bulls would have their way with the oil rout and the subsequent slashing and burning by oilers well and truly over, Macquarie has warned that the...

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