Crude oil prices rally on robust indicators
By Si Tingting | China Daily | Updated: 2009-05-07 08:04
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A customer's car being filled with gasoline at a PetroChina gas station in Shanghai. Bloomberg News |
International crude prices soared to over $54 per barrel on Monday and Wednesday after positive indicators showed the beginning of an economic recovery in the US and China. However, concerns over the sustainability of the economic recovery and the spread of the H1N1 flu would continue to keep prices in check, analysts said.
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