Oil Regains over $54

World | March 12, 2005, Saturday // 00:00

Oil prices are back over USD 54 after faster growth of global demand was estimated by the International Energy Agency. US light crude went up 89 cents to USD 54.43 a barrel after falling over USD 1.20 on Thursday. Brent crude rose 44 cents to USD 53.10 after setting a record with USD 54.30 on Wednesday.

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