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Eaton Vance California Municipal Bond Fund II of Beneficial Interest $.01 par value
Oil prices (USO) are going to come under pressure in near future, as there are a couple of long-term factors that are standing strongly against it. When I look at the supply demand dynamics of crude oil, I don’t see any upside. Yes, oil prices have gone up following an attack on Iran’s oil tanker and on speculations that the U.S – China trade dialogue may support oil demand ( in the coming time) , but these are short term factors that will have a short term impact on oil price.