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    Chinese farmers demand more oil -

    Now it's the time for Chinese harvest and there is lot of demand for oil by farmers, looking at that the economy increased shipments to supply oil refiners and meet the fuel demand. Oil imported by China amounts to about 3.29 million barrels a day and it is expected that this will rise by 6.4...
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    OIL PRICES MAY RISE: (play the market)

    Crude oil, gasoline, heating oil, diesel and natural gas supplies last week were above the five-year average for the period, the Energy Department said on Oct. 4. This shows that petroleum Refinery Companys are taking as much as possible advantage of this price fall in the market Crude oil...
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    Oil Price Starts From The Beginning:

    Crude oil rose from a seven-month low after a report that the Organization of Petroleum Exporting Countries may reduce output to halt a decline in prices OPEC members including Kuwait, Iran, Venezuela and Nigeria. OPEC is getting more serious and has agreed informally that it needs to cut...
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    Euro and Yen{play the market}

    Euro is finding itself loosing against the Dollar , and it may further more deteriorate with reports of slowing growth dampening inflation hence reducing the chances of the European Central Bank from raising interest rates into 2007. Whereas , on the other hand , Euro is in a much better...
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    Why is Oil expensive in India?

    Oh you have got to live in India to know the oil prices how expensive they are when compared to other Asian countries. This thought was daunting me so decided to explore this area. Well India to start with is still unexplored in the natural resources area , it is quite surprising to notice that...
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    Coal Is Equal To Gold Study

    Coal prices are about to rise, prices for coal used in power stations used to generate thermal power are expected to rise due to strong demand and shortage of supply. US's largest banks \CITY GROUP also added that prices of steel making coal may fall. Bottlenecks in rail and port networks in...
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    OPEC is on screen for moderate oil prices

    The president of OPEC (Organization of the Petroleum Exporting countries) is taking measures to stop further price fall as it is decreasing day by day. The OPEC board group is taking measures to stabilize the price at a reasonable rate. I t was yesterday the Oil price touched $59.62...