Eugen Weinberg

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Last quote by Eugen Weinberg

Chinese data is definitely a reason to be bullish on industrial metals. If the Fed goes for more rate hikes (than expected) this year, then it's due to underlying economic dynamics proving to be more positive than expected, which is a good thing.
Mar 01 2017
Eugen Weinberg has been quoted 10 times. The one recent article where Eugen Weinberg has been quoted is Bullish analysts call for crude oil to hit $70 by year end but elsewhere skepticism grows. Most recently, Eugen Weinberg was quoted as having said, “OPEC must at some point recognize and understand that they are no more the marginal producers and marginal production will be coming from shale oil so prices will come under massive pressure during this year once investors recognize oil supplies are not going to disappear. The world is awash with oil at the moment and there continues to be endless supply so therefore I don't see a real reason for prices to rise above $60 or $70…so I'm really seeing probably the risks of the prices falling below $50 for a considerable period of time and probably even touching the levels of $40 to $45 this year.”.
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Quotes by Eugen Weinberg

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