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Showing posts with label Oil tumbles below $40 for first time since 2004. Show all posts
Showing posts with label Oil tumbles below $40 for first time since 2004. Show all posts

Wednesday, December 17, 2008

Oil tumbles below $40 for first time since 2004



Oil prices tumbled below $40 for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a record production cut of 2.2 million barrels a day.


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