Oil in New York Tumbles to One-Week Low

- September 6th, 2011

Bloomberg reports crude oil inched down to the lowest level in more than a week.

Bloomberg reports crude oil inched down to the lowest level in more than a week.

The market news is quoted as saying:

Prices declined as much as 3.8 percent as European banks and insurers tumbled, extending yesterday’s 4.1 percent drop in the Stoxx Europe 600 Index.

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