The
US
Energy
Information
Administration
(EIA)
and
the
12-member
Organization
of
the
Petroleum
Exporting
Countries
increased
their
outlook
for
world
oil
consumption
growth,
citing
increasing
signs
of
a
recovery
in
the
global
economy.
According
to
Reuters,
investors
have
also
been
taking
cues
from
the
currency
markets
ahead
of
a
meeting
of
G20
finance
ministers
and
central
bankers
this
week
amid
increasing
international
tensions
over
the
euro's
strength
and
the
yen's
weakness.
"The
faster
demand
forecasts
are
supporting
oil
prices,
but
the
concerns
of
a
currency
war
are
weighing
on
the
markets,"
the
news…
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