Higher demand forecast lifts oil prices

April 15, 2015 1:45 PM

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Higher demand forecast lifts oil prices

WTI up 13 percent since the start of April, against 7 percent for Brent.

The International Energy Agency, an organization with headquarters in Paris, said in its monthly oil market report it raised its global oil demand for 2015 by 90,000 barrels per day to 93.6 million bpd.

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