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See Brent correcting at $95-$100/barrel: IHS Global

Despite Brent crude settling higher on Thursday, Simon Wardell of IHS Global Insight feels that crude prices will ease off these recent bounces and will trend downwards. He feels the prices have been declining on the back of global economic weakness and also reasonable supply coming through from non OPEC countries.

first published: May 10, 2013 12:17 pm

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