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Tag Archive | "Oil"

Oil forward because of fears that promised by Saudi Arabia may not be enough

Monday, June 23, 2008

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Crude oil rose to over $ 136 for a barrel in New York because of speculation that the promise of Saudi Arabia to increase production may fail to stop for the supply concerns after attacks on pipeline in Nigeria last week. The largest exporter of oil in the world will pump additional 200000 barrels a day [...]

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