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Business Week reported that oil fell $3.25 to $78.20 on concern over global economic slowdown.
Business Week reported that oil fell $3.25 to $78.20 on concern over global economic slowdown.
As quoted in the market news:
Crude futures for August delivery fell $3.25 to $78.20 a barrel on the New York Mercantile Exchange, the lowest settlement since Oct. 4. The price is down 21 percent in 2012.