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Hart Energy Commodities Report March 10

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Kristie Sotolongo
March 11, 2014

WTI Slips 1.4% on Weak Chinese DataNYMEX-traded crude oil futures settled more than 1% lower Monday after economic data released in China during the session cut into prospects for energy demand. Energy investors returned from the weekend to lackluster trade figures from China, underscoring concerns about slowing growth in the world’s second-largest consumer of oil. An unexpected 18% decline in Chinese exports in February from last year left a trade deficit of US$22.98 billion last month. The lack of support was evident throughout the entire energy complex as all nearby ...

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