Oil Drops 0.7 Percent

- July 18th, 2012

Business Week reported that oil dropped 0.7 percent on speculation that fuel demand may falter due to Chinese economic condition.

Business Week reported that oil dropped 0.7 percent on speculation that fuel demand may falter due to Chinese economic condition.

As quoted in the market news:

Futures slid as much as 0.7 percent after advancing a fifth day yesterday, the longest run of gains since April

Click here to read the full Business Week report.

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