| 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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