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OPINION

Slugcatcher red faced after Friday's Black Swan

BLACK Friday. Black Swan. That's Slugcatcher's apology for his ill-timed prediction last week that oil was heading back to US$120 a barrel, a forecast that went the same way as another bird, the Dodo.

Slugcatcher
Slugcatcher red faced after Friday's Black Swan

But unlike the famous flightless bird driven to extinction a century ago, oil is highly likely to fly again, in what will probably be a repeat of what happened after the last oil crash in early 2020. ...

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