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Sunday, November 29 - 2009

Oil futures drop to $117

  • Thursday, August 07 - 2008 at 09:37

New York oil futures fell to $117.11 a barrel yesterday, 20% down on the record of $147.27 it reached on 11 July, Bloomberg has reported. The drop in price coincides with an increase in reserves amid falling US consumer demand and a stronger dollar.

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