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Analysts Say Oil Price Drop Is Long Way Off

Declining Asian demand could bring relief ... by early '09

By Jim O'Neill,  Newser User

Posted Jun 9, 2008 10:25 AM CDT

(Newser) – A reining-in of Asia’s demand for oil could help the global crude supply rebound, eventually dropping prices sharply, analysts tell Reuters. But the price relief likely won’t show up until the end of this year or early next, as data needed to help...   Read full story »

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