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Home ยป Oil slips as IEA trims global Oil demand forecast

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Oil slips as IEA trims global Oil demand forecast

by Poonam Wadhwani - November 11, 2006 - 0 comments

World oil prices on Friday fell below $60 a barrel after recent strong gains, as the International Energy Agency (IEA) trimmed its 2006 global demand forecast and reported a sharp rise in energy stocks in top consuming nations, dealers said.

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