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Monday, November 30 - 2009

Oil 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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