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IEA cuts 2012 oil demand growth forecast on slowing economy

The IEA on Wednesday cut its global oil demand growth forecast for 2012, with the market dragged down by a weakening world economy and stubbornly high prices while the nuclear crisis with Iran deepens

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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