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A sample of crude oil (Reuters Photo)
Oil importing countries may announce crude oil purchases to support demand for the fuel, International Energy Agency Executive Director Fatih Birol told al-Arabiya TV on Thursday.
''We may hear tomorrow countries purchasing crude to build up their strategic (reserves) and support demand,'' he said, cited by al-Arabiya. ``We will see a recovery of demand in line with the resolution of this problem and the return of the global economy, but I don't expect a very quick recovery of oil prices,'' he added.
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