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BRIEF-BlackRock's Turnill says expects recent strength in oil prices to moderate over near term

BRIEF-BlackRock's Turnill says expects recent strength in oil prices to moderate over near term
From Reuters - November 20, 2017

Nov 20 (Reuters) - BlackRock Inc strategist Richard Turnill:

* BlackRock Inc strategist Richard Turnill says we expect the recent strength in oil prices to moderate over the near term

* BlackRocks Turnill says we could see limited upward price movement if OPEC proceeds with extension of oil production cuts as expected

* BlackRocks Turnill says we see reasons to believe price gains will moderate even with an OPEC extension

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