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Crude Oil Report: Global Supply To Outstrip Demand By Nearly 1 Million Barrels A Day In 2012, IEA Says
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Demand
Total petroleum demand in the U.S. rose slightly to 17.9 mmbbl/d, but remains near the lowest level since May 2009. On a four-week rolling basis, total demand was down by 7.2 percent from last year. On that same basis, gasoline demand was down 6.1 percent and distillate demand was down 4.4 percent.
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