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Strong China Imports and Higher Global Demand Forecasts Have Held Oil price firm

Friday June 12, 2009, 11:01am PDT

Crude oil price remains strong in European morning as International Energy Agency raised its demand forecasts on the energy market. Moreover, surge in China’s net import for crude oil to the highest in 14 months also stimulated purchasing.

For full story, click here

Tags: demand, forecast, higher, strong


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