Oil below $99 as US crude demand lags economy

posted by
February 8, 2012
ABC News    
Posted in News

"Oil prices hovered below $99 a barrel Thursday in Asia as U.S. crude demand lags the overall improvement in the world's biggest economy. ... Crude has hovered near $100 for the last few months as economic indicators, such as better than expected jobs data, suggests the U.S. economy is strengthening. However, U.S. crude demand has been slower to pick up." (02/08/12)


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