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Crude oil continues to trade around 71/72 while gold hovers around 1070/1075 in European morning. Stock markets and the euro also stabilize after the slide last Friday. Oil demand in China looked robust in 2009. According to the International Energy Agency (IEA), the apparent demand (refinery output + net oil product imports) rose +1.6% yoy in [...] Related posts:

1. Crude Remains Supported as IEA Raised Demand Forecasts
2. Renewed Concerns on European Debt Defaults Weigh on Risky Assets
3. Crude Oil Recovers after the Plunge. Nr-term Outlook Remains Worrisome

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