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Global crude oil demand may remain healthy in 2Q,2013: Barclays

Posted on 02 April 2013

Globally crude oil is expected to witness a healthy demand in the second quarter of 2013 as a result of return of refineries from maintenance and growing consumption, stated London based Barclays in its recent market outlook.
“To meet this increased call on crude, we expect a slight improvement in supplies, which would help to create a well-balanced market,” it added. Front month Brent edged higher over the week, registering marginal gains and trading in a tight intra-day range since Monday………………………………………..Full Article: Source


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