Monday 13 April 2009
Crude Oil Extends Decline After IEA Forecasts Slump in Demand - Bloomberg
![]() Indian Express | Crude Oil Extends Decline After IEA Forecasts Slump in Demand Bloomberg By Mark Shenk April 14 (Bloomberg) -- Oil fell below $50 a barrel, extending yesterday???s 4.2 percent loss, after the International Energy Agency forecast that 2009 demand may slump to the lowest level in five years amid the global economic recession. ... OIL FUTURES: Crude Declines After IEA Chops Demand Forecast NYMEX-Crude drops after holiday on IEA demand view Oil settles near $50, as stock market slips |
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