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

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

June 12, 2009 @ 11:01 am In Oil Market News

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.

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