16.02.2009 - Crude oil trades near $38 on concern global demand is slowing
From Bloomberg: Crude oil traded little changed near $38 a barrel in New York on speculation the recession in the world’s largest economies will slash demand for fuel and energy. Japan’s economy, the world’s largest oil consumer after the U.S. and China, contracted the most since 1974 in the fourth quarter, a government report showed today..... Full Article: Source
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