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You are here: Home Archive 2009 Feb 26 Briefs

Briefs

by Obsidian last modified Feb 26, 2009 12:00 AM

Oil demand to recover

Oil demand will return in 2010, boosting maritime trade of crude, International Energy Agency (IEA) executive director Nobuo Tanaka said.

This year oil consumption is forecast to decline due to global recession and the credit squeeze.

Mr Tanaka...

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