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US Mulls Oil Reserve Release

Fri 17 Aug 12 | 11:10 AM ET
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US Mulls Oil Reserve Release

Fri 17 Aug 12 | 11:10 AM ET
Eugen Weinberg, head of commodity research at Commerzbank, told CNBC, the strategic reserves would not really serve their real purpose if they were used for controlling the price; their real usage is to provide supplies in the case of scarce supply.
 
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