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Oil Trades Near Highest Level in Four Months on Economic Outlook – Bloomberg 01-27-13

Salient to Investors:

Ken Hasegawa at Newedge Group said we can be optimistic on the economic recovery and on China and the US, and the oil market is trending up.

Hedge funds boosted bullish bets on US crude for a 6th consecutive week.

Read the full article at http://www.bloomberg.com/news/2013-01-28/oil-trades-near-highest-level-in-four-months-on-economic-outlook.html

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On January 27, 2013   /   China Economy, Oil, US Economy  

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