Friday, June 20, 2008

The U.S. Energy Department in a report on June 10 said China`s oil consumption is expected to rise 440,000 barrels to an average 8.02 million barrels a day this year.

Crude oil prices are expected to trade weak touching the level of USD 131.60. If it breaks this level, it may see the level of USD 125.

Posted by Sachin Shahane at 1:36 PM  

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