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Improving crude demand in developing Asian countries, led by China and India, should help bolster prices, Barclays said. "The problem with judging the global pace of oil demand growth is that the epicenter of that growth has most definitely moved away from the U.S. to Asia, and China in particular," Barclays said. In other energy trading, heating oil was up 0.4 cent at $3.19 per gallon and gasoline futures added 0.3 cent to $2.98 per gallon. Natural gas fell 0.4 cent to $2.44 per 1,000 cubic feet.
[Associated
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