WTI crude trades near lowest level in 2 weeks - Nirmal Bang

WTI crude traded near the lowest level in almost 2 weeks as signs that the U.S. will taper eco stimulus this year raised speculation oil demand may falter in the world's biggest consumer.

The rout in gold that wiped out $56 bn of value this year is spurring consumer demand in China and India while JPMorgan Chase and Bank of America say prices are bottoming.

Source : Equity Bulls

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