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As World Economy Slows, Oil Prices Drop

Posted June 21st, 2012 at 3:50 pm (UTC-5)
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With the world economy slowing, the price of oil on the New York market has dropped below $80 a barrel for the first time since October. Oil has traded at well over $100 a barrel in the last year. But on Thursday the price for the West Texas Intermediate crude sold on the U.S. market […]

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