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Asian oil demand to hit record, but industry can't take eyes off Middle East - Reuters
Reuters | Asian oil demand to hit record, but industry can't take eyes off Middle East Reuters Yet a much more fundamental reason has also sparked oil's bull run: Asian demand, which Goldman Sachs said this week points to an average price of $80 a barrel in 2018. “Rising tensions in the Middle East have likely played a role in oil price strength ... Saudi energy minister says world has 'capacity' to absorb oil price Trump blasts OPEC, says cartel is keeping oil prices 'artificially very high' and that 'will not be accepted' Oil Is on a Tear—Are Bulls Getting Ahead of Themselves? |
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