Worst year for oil ending but demand set to remain weak
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Prices have hit rock bottom over the past 12 months.
PHOTO: REUTERS
SINGAPORE - If oil market players thought things could not get any worse after this hellish year, then they might be in for a nasty surprise next year.
Prices have hit rock bottom over the past 12 months, but hopes of a recovery are being clouded by forecasts showing demand is unlikely to even match levels seen last year.
