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PIMCO says oil has bottomed

(Last Updated On: October 9, 2015)

PIMCO says oil has bottomed

After hearing about this 100+ million lawsuit by Bill Gross, I wondered if there is any accuracy in this story:

 

The worst of the collapse in commodities prices is probably over, with oil poised to gain over the next 12 months, according to Pacific Investment Management Co. Just don’t expect a major rebound.

To read the entire article, go to http://bloom.bg/1je0AIf

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