03-Sep-2010 12:40 PM
Oil recovers from seven-week low but price uncertainty continues – Friday Fuel Watch
Analysis
Oil prices continued to see-saw this week, as better manufacturing data from China and higher oil demand in Asia offset more signs that the US economic recovery is faltering. At the end of Aug-2010, US Federal Reserve Chairman, Ben Bernanke, attempted to sooth concerns about the pace of US growth, after the US government reported 2Q2010 GDP expanded by just 1.6%.
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