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3 Things to Watch for Oil in 2021


This past year didn't play out as most anticipated. A raging global pandemic wasn't on anybody's radar at the end of 2019. The virus outbreak devastated the global economy and the oil market. The devastation might continue until enough vaccines are rolled out to fully end the pandemic, which could take some time. 

Given that backdrop, here are a few things to keep an eye on in the oil market this year.

Image source: Getty Images.

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Source Fool.com

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