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Asian investors defy bears

ASIAN investors may be defying market expectations of slowing demand but the oil patch isn't out of the woods yet, and Woodside Petroleum CEO Peter Coleman doesn't expect any serious recovery in energy prices within the next couple of years.

Anthony Barich

KPMG's latest Market Update said that while numerous oil majors that announced subdued quarterly results over recent weeks, oil markets are finally showing fresh signs of life as oil prices nudge upwards...

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