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Oil tumbles more than 4%
10.13.2015
Follow-up - the balance of News
Oil prices tumbled more than two dollars to a new record low levels with the dealers to sell to take profits after a rally last week to the highest level in 11 weeks and by a report that OPEC continued to boost crude production despite the continuing oversupply.
By 17:20 GMT, the benchmark Brent crude fell $ 2.22 and more than 4% to $ 50.43 in the largest decline in percentage terms since early September.
The US light crude down to $ 2.22 or about 4.5% to hit 47.41 dollars. / Ended 29 n / 10
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10.13.2015
Follow-up - the balance of News
Oil prices tumbled more than two dollars to a new record low levels with the dealers to sell to take profits after a rally last week to the highest level in 11 weeks and by a report that OPEC continued to boost crude production despite the continuing oversupply.
By 17:20 GMT, the benchmark Brent crude fell $ 2.22 and more than 4% to $ 50.43 in the largest decline in percentage terms since early September.
The US light crude down to $ 2.22 or about 4.5% to hit 47.41 dollars. / Ended 29 n / 10
[You must be registered and logged in to see this link.]
