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Old 29th September 2009 | 13:46
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SASless
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From: Downeast
American demand is down....and China is building a 30 Day Reserve....thus price is down for them and Nigeria's crude is high grade. Could be part of the reason. It pays to broaden your sources of crude when possible so future spikes in consumption can be accomodated. China is second only to the United States in consumpton of crude oil.
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