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Crude Oil Fundamental Analysis Jan. 31, 2012, Forecast

posted by Avatar FXEmpire 114 days ago in Fundamental, Daily, Oil made popular 114 days ago

Crude Oil is currently trading 99.20 down .36 mid afternoon. The fall came on top of a 14-cent decline Friday, when weaker-than-expected U.S. economic growth for the fourth quarter raised doubts about the demand outlook and pressured Nymex crude futures.

The demand concern outweighed geopolitical tensions surrounding Iran and the European Union’s
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