IEA Raises Demand Forecasts, Oil Tops $54 (Reuters)

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March 11th, 2005, 01:00 PM

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IEA Raises Demand Forecasts, Oil Tops $54 (Reuters)

Reuters - Oil prices rose back above $54 on Friday
as the International Energy Agency said robust growth in the
United States and China will pump up consumption even faster
than expected this year.

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