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Page added on May 22, 2009

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Chinese Oil: Google Images Show Growing Crude Storage in China

The economic recovery may yet tarry, and oil demand is still anemic, but there might be a solid reason crude oil has perched above $60 a barrel. Energy analysts at Sanford Bernstein say eye-in-the-sky satellite images from Google show the Chinese are packing away a rising amount of crude in storage tanks.

Just as satellite imaging has helped fuel debate over the true state of oil supplies



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