Thursday, August 11, 2011

Crude oil price holds under $83 per barrel

Crude oil prices confined under $83 per barrel in New York as a second major energy organization in the week discouraged world require was subverting.
The Organization of Petroleum Exporting Countries Tuesday forecast worldwide demand would drop in 150,000 barrels per day compared with old 2011 approximates. On Wednesday, the International Energy Agency barged in, stating “slowing economic growth” in the second quarter pointed to a drop of 100,000 barrels per day drop in demand.
The

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