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Brent crude hits the $100/barrel mark for the first time since Oct. 1, 2008, another indicator...

Brent crude hits the $100/barrel mark for the first time since Oct. 1, 2008, another indicator of growing global demand. The IEA expects emerging-market consumption to drive a 1.6% global increase this year. Meanwhile, NYMEX futures are up 2.5% to $91.68.
Comments (3)
  • herbert hoover
    , contributor
    Comments (2005) | Send Message
     
    "....another indicator of growing global demand."

     

    More likely it's another indicator that Bennie is printing like a motherfucker.
    31 Jan 2011, 12:44 PM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    A wha??
    31 Jan 2011, 12:46 PM Reply Like
  • nightfly
    , contributor
    Comments (1017) | Send Message
     
    Speculation != demand
    31 Jan 2011, 12:57 PM Reply Like
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