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Wednesday, December 2, 2009

Oil product sales rose a strong 17.3 percent in October

India's annual oil product sales rose a strong 17.3 percent in October driven by a pick up in economic activity and higher demand from farm sector, government data showed on Wednesday.

The October surge, helped by a low base last year, is higher than China's 10.3 percent rise in apparent oil demand, while demand in developed countries has been weak.

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