Oil traders see prices hitting $50 level in 2020

Global oil prices will weaken next year to around $50 per barrel due to slowing global oil demand.

LONDON: Global oil prices will weaken next year to around $50 per barrel due to slowing global oil demand, the heads of the world's biggest trading houses Vitol, Trafigura and Gunvor told the annual Oil and Money conference in London on Wednesday.
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