Seeking Alpha (gated) with the info from a note from UBS on oil, expects Brent to recover into an $85-90/ bbl range over the coming months.The note is a good summary of the mix of factors at play.On demand and the recent slide in price:recession fears in the US, ongoing ceasefire hopes in Gaza have lowered crude's risk premium weak Chinese crude imports and refinery activity in July sparked fears of poor Chinese oil demandOn supply: US crude production growth is slowing downdeclining US drilling activity doesn't suggest an acceleration in supply growth in the near termOPEC+ is likely to stick to its cautious approach when adding back supplyOil up This article was writte
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