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Bloomberg reported that oil dropped 24 cents to $84.80 a barrel due to decrease in stockpiles.
Bloomberg reported that oil dropped 24 cents to $84.80 a barrel due to decrease in stockpiles.
As quoted in the market news:
Oil for July delivery was at $84.80 a barrel, down 24 cents, in electronic trading on the New York Mercantile Exchange at 8:50 a.m. London time.