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Think tank sees signs of economic recovery in oil market trends

Posted on 06 October 2010

From UPI: Oil market trends show a global economic recovery may be on the horizon, London’s Center for Global Energy Studies said Tuesday in its latest report on linkages between energy demand and world economy.
Citing last week’s oil price rises as an example, CGES noted that both dated Brent and WTI varieties of crude oil moved out of a $75-$80 a barrel range Friday and settled at more than the $80 a barrel mark……………………………………….Full Article: Source

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