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Commodities Briefing - Categorized | Oil, Price Watch more

Oil supply should send price south

Posted on 31 January 2013

Nothing like some good manufacturing figures out of China and Germany to give the oil price a kick along.
Yet you have to wonder how any further rises in crude will help the global recovery rather than just reflecting it. But, don’t worry, the supply picture is looking a lot more rosy, which should mean crude prices start going south again — and perhaps helped by some bad economic news as the year progresses………………………………………..Full Article: Source


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