Oil markets tighten on Saudi cut: IEA.

Sunday, April 07, 2013 oil, opec, Saudi Aramco 3 comments

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Apr 2nd 2013, 23:00

World oil markets are tightening as Chinese fuel demand increases and the Organization of the Petroleum Exporting Countries' (Opec) supplies fall, draining inventories, the West's energy agency said on Friday, in a trend that could put extra upward pressure on prices.

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