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Commodities Briefing - Categorized | Oil, Resources more

Global oil - Supply prospects brighten but risks still linger

Posted on 05 December 2012

It is less than a month to bid farewell to the chaotic 2012 and enter 2013, which is expected to be relatively calmer for the oil market, also a chief driver of the world economy.
The recent slightly lower revision of the global crude price projections by various global forecasters is predominantly backed by the indication of slowing demand growth, while some improvements in the supply prospects………………………………………..Full Article: Source


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