Oil set to rise above US$90 a barrel

Oil is set to rise above 90 US dollars a barrel this year as the global economic recovery drives demand, it was reported today.

Oil set to rise above US$90 a barrel

Oil is set to rise above 90 US dollars a barrel this year as the global economic recovery drives demand, it was reported today.

Investment fund Hermes Commodities predicts the rebound will be driven by rising demand for trucking and shipping fuels, according to the Daily Telegraph newspaper.

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