Insatiable: China Ups Oil Imports By 50% in 6 Months, Causes Significant Spike in Price of Oil
Barrel of oil jumped more than four percent in trading this afternoon
By Institute for Energy Research —— Bio and Archives--August 20, 2009
Global Warming-Energy-Environment | Comments | Back To Full Article
WASHINGTON – The price for a barrel of oil jumped more than four percent in trading this afternoon, driven in part by news from the Energy Department that a much-higher-than-expected 8.4 million barrels of oil were drawn down from domestic stocks this week.
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