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Commodities Briefing - Categorized | Oil, Trading more

World will need more oil: OPEC

Posted on 17 January 2013

The Organization of the Petroleum Exporting Countries has predicted a world oil demand growth in 2013 saying it will reach 800,000 barrels a day.
Crude will be mostly needed by transport and machine-making industries. In its monthly Oil Market Report released Wednesday, the OPEC said that this year economic turbulence will not affect the demand that much compared to last year………………………………………..Full Article: Source


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