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WATCH: Has the oil market recovered?

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Oanda’s Ed Moya talks to Business Day TV about the price of oil

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China. Picture: REUTERS/STRINGER/CHINA OUT The oil price hit a three-month high on Wednesday and some analysts are suggesting that this is a sign that the oil price collapse is over.

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