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Crude oil on the cusp of $50/b: Hansen

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May 17, 2016 barrels of oil, brent crude, crude, crude price, oil, oil market, oil price, ole hansen commodities, saxo bank tradingfloor.com, saxotradergo, tradingfloor.com, wti
Saxo Bank's Head of Commodity Strategy Ole Hansen says that the rally in crude oil continues as we see disruptions in the oil production in Canada and Nigeria.

Hansen says that we are approaching $50/barrel in both Brent and WTI crude.