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MARKET WATCH: Brent crude oil futures down on lower IEA oil demand forecast

13.08.2014 / Energyboardroom

Oil prices settled about 70¢ lower on the New York market Aug. 12 while oil prices on the London market plunged more than $1 to their lowest level since early July 2013 following a report from the International Energy Agency, which lowered its oil demand forecast.

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