Excerpt from: Futures and Commodity News
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| May 14, 2008 | | Oil futures trading | Even though oil prices are still high, they are dropping a bit in commodities trading right now. A report on US stockpiles of oil should show a gain in supply, and that is holding oil futures a little lower in futures trading.
However, as developing nations increase their demand for oil, it is likely that oil prices will start rising again. The US can't remain the only major indicator of oil futures for much longer.
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