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Oil down sharply on weak demand

Source: Inquirer.net
Vienna : Austria | 2 months ago
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US oil for November delivery were down $3.98 at $70.27 a barrel at 12:33 p.m. (1633 GMT), after hitting a session high of $75.69...The slide came as US stocks fell on concern that earnings could be driven down by slower consumer demand. "Crude prices are down on demand consideration, with weakness being...

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