Oil oversupply is keeping prices low, but the situation is about to flip, Occidental CEO says

Oil oversupply is keeping prices low, but the situation is about to flip, Occidental CEO says

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None The narrative of the oil market will soon be flipped on its head, according to Occidental CEO Vicki Hollub. • None Oversupply will soon ease and the market will be undersupplies, sending prices upward. • None Oil could be in a new "supercycle," Goldman Sachs analysts said recently. The oil…

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