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Crude at $52/bbl

April 3rd, 2009

Crude oil fell, paring yesterday’s 8.8% rally, after the head of the International Energy Agency (IEA) said that the group is likely to cut its energy demand forecast on declining economic growth projections.

In after hours access, crude was trading at USD 51.87 per barrel on the Nymex.

Source

rupees News

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