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Commodities Briefing - Categorized | Oil, Price Watch more

Oil plummets on global demand report

Posted on 12 February 2009

From : CNNMoney.com: Oil prices plummeted Wednesday after an international report said global demand for crude will continue to fall in 2009, re-igniting oversupply concerns.

The International Energy Agency reduced its predictions for demand to fall 84.7 million barrels per day in 2009, according to the monthly report….. Full Article: Source


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