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Reuters reported that crude oil futures fell almost 4 percent due to the worsening euro zone debt crisis.
Reuters reported that crude oil futures fell almost 4 percent due to the worsening euro zone debt crisis.
As quoted in the market news:
NYMEX January crude slid $4.38 to $95.76. It earlier skidded to a session low of $95.39, down $4.75 or 4.7 percent, U.S. crude’s biggest one-day percentage loss since September 22.