Kuna declared that South Korea’s crude oil imports from the Middle East in the first two months of 2009 surged 13.3% from the same period of 2008 with accounting for 84.7% of the total, up 1.0%. For full story, click here
Asian and Middle East energy ministers may agree this weekend that letting oil prices surge eventually in order to stimulate investment is just as vital as keeping crude at $50 for now to aid the ailing global economy. For full story, click here
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