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Demand for oil may improve in 2013
March 4, 2013March 4, 2013by In Oil & Gas

Demand for oil may improve in 2013

Brokerage firm Nirmal Bang expects demand for crude oil to improve slightly in 2013 following lower growth in 2012 on account of muted economic recovery. Demand is expected to grow by 1 mpbd or 0.9 percent approximately on a year-on-year (y-o-y) basis in 2013 compared to a fall of 0.4 percent last year. Dem