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Reuters reported that European debt concerns hurt the price of brent oil.
Reuters reported that European debt concerns hurt the price of brent oil.
As quoted in the market news:
ICE Brent January crude fell $1.38 to settle at $106.40 a barrel, after dipping under front-month Brent’s 300-day moving average of $105.98. Brent posted a 1 percent loss for the week.
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