Oil skids to $70 on economic recovery concerns »
Posted By STONERS 6 months, 1 week ago in Business & FinanceOil prices skidded to near $70 as investors mulled whether a three-month rally went too far, too fast amid high supplies and weak demand.
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STONERS6 months, 1 week ago
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"Benchmark crude for July delivery fell 57 cents to $70.04 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Monday, it fell $1.42 to settle at $70.62."
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"Oil has doubled since March on expectations." -
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