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...“Over the course of the year, global economic growth slowed significantly,” said Mr Bock....
...BASF is expecting the Brent price to be between $60 and $70 per barrel....
...Brent crude prices averaged $118.5 a barrel in the first quarter of the year, the second highest quarterly average, below only the March-June period of 2008....
...It said that due to the persistently high oil price, it was raising its forecast for the annual price of Brent crude by $10 to $110 per barrel....
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