Oil slides more than $3
Middle East: Saturday, August 23 - 2008 at 09:32
Oil prices have fallen more than $3 on Friday as the US dollar showed further strength, Reuters has reported. Oil market declines were attributed to an uptick in OPEC crude oil output and an expected decline in US travel over the Sept. 1 Labor Day holiday weekend.
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Medilyn Manibo, Assistant News EditorSaturday, August 23 - 2008 at 09:32 UAE local time (GMT+4)
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