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Commodities Briefing - Categorized | Bullion/Gold, Market Moves, Oil more

Oil trending downwards as gold firms

Posted on 15 March 2011

From Ninemsn.com.au: The devastating earthquake and tsunami in Japan will temporarily take pressure off of tightening global oil supplies, as the world’s third-largest oil consumer works to rebuild its shaken economy, energy analysts said Monday.
But the disaster won’t curb its energy appetite for long. Analysts say Japan will likely boost imports of diesel, natural gas and other refined fuels in coming weeks……………………………………….Full Article: Source


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