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    Oil Wipes Out 2011’s Gains on Stall Signs

    Investing News Network
    Aug. 04, 2011 11:03AM PST
    Resource Investing

    Bloomberg reports that oil dropped to the lowest level in five months.

    Bloomberg reports that oil dropped to the lowest level in five months.

    The market news is quoted as saying:

    Futures dropped as much as 5.1 percent as a U.S. government report showed limited improvement in the labor market.

    Click here to access the entire news

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