Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Denmark, 13 September 2012 at 12:07 GMT+0
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North Sea output is bouncing back after maintenance disruptions. According to Reuters the October output is expected to avearage 1.97 million barrels per day, up 25 pct from September and at a four month high.

No market impact as the focus is squarely on FOMC and hightened geopolitical risk following the Mideast protets in recent days.

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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