Europe Energy Day Ahead: Oil Little Changed; China Exports Fuel

Thursday, 14 January 2010 11:27

Commodities - Commodity News

Crude oil was little changed in New York on speculation corporate earnings in the U.S. will improve and bolster the economy, fueling consumption in the world s biggest energy user.

China s exports of oil products including gasoline and diesel fuel in December exceeded imports for the first time ever, squeezing Asian refiners hoping to sell to the world s second-largest fuel consumer.

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Courtesy : Bloom Berg