Browse related articlesOil falls $3
Middle East: Wednesday, July 23 - 2008 at 07:04
Oil prices fell Tuesday, closing at the lowest point since June 5, due to a perceived decline in US demand. Light, sweet crude for August delivery fell $3.09 to settle at $127.95 a barrel in afternoon trading on the New York Mercantile Exchange. Oil was down as much as $5.41 earlier in the day, but rallied near the end of the session.
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Jeff Florian, Senior ReporterWednesday, July 23 - 2008 at 07:04 UAE local time (GMT+4)
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