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High oil prices ‘threaten economic recovery’High prices are holding back oil demand growth and threaten economic recovery in the West, the International Energy Agency said on Thursday, meaning lofty crude prices could continue to topple. The energy advisor to industrialized nations More… |
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US sees high oil price cutting global demandCrude prices well over $100 a barrel are starting to take a bite out of global oil use, the US government's energy forecasting agency said on Tuesday as it cut its outlook for this year by the most in 10 months. The Energy Information Agen More… |
