OIL PRICES
Oil Prices Rally, But IEA Sees High Prices And Weak Economy Undermining Demand
Benchmark oil prices rallied last week, due to a combination of improving US economic data and expectations of financial stimulus in the urozone, against a background of the deteriorating political situation in Syria and Iran’s standoff with the West over its nuclear program. Prices received a further boost on 7 August from reports of record low North Sea...
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