Oil Investing News » Oil Trade Neared a Seven Week High On Signs of Industrial Demand

Oil Trade Neared a Seven Week High On Signs of Industrial Demand

August 3, 2009 @ 10:05 pm In Oil Market News

Crude oil traded near a seven-week high as signs the international economy is recovering from recession bolstered optimism that fuel consumption will rebound.

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[1] here: http://www.bloomberg.com/apps/news?pid=20601091&sid=aG2kAYoC9BSo